IOTA and BUSD Become Latest Altcoins to Get Listed on Binance.US

News
Tue, 10/22/2019 - 08:05
Alex Dovbnya

Binance.US keeps expanding the list of available altcoins with IOTA and BUSD becoming its latest additions

Cover image via www.123rf.com

Binance.US, the American arm of the Malta-based cryptocurrency exchange Binance, has just announced that IOTA and BUSD are now available for trading on the exchange. 

IOTA is the token that underpins the Internet-of-Things (IoT) ecosystem of the eponymous cryptocurrency project. It is currently sitting in 17th place by market capitalization. 

Related
New Record: $700 000 000 Traded on Binance's Bitcoin Futures Platforms in One Day

Meanwhile, BUSD is a dollar-pegged stablecoin that was launched by the Binance exchange back in September. The new coin was rolled out in cooperation with Paxos. 

From the outset, Binance.US, which opened its doors for the majority of US customers at the end of September, only allowed to trade seven major coins, including Binance Coin. Later, it started to expand its offering, gradually adding more and more altcoins

Related
Binance Reveals the List of Altcoins That Will Be Potentially Listed on Its US Exchange

As U.Today reported, Chainlink (LINK) got listed on Binance.US on Sept. 10, but it didn't have a major effect on the token's price (the same is true for IOTA). 

It mainly has to with the fact that Binance.US has a minuscule trade volume compared to its US-based competitor Coinbase who is able to significantly move the price of a certain coin with a single announcement.       

Subscribe to U.Today on Twitter and get involved in all top daily crypto news, stories and price predictions!

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

Top 10 Best Cloud Mining Sites in 2020
TOP 20 Best Bitcoin Trading Bots in 2020

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy