US BASED CRYPTO TRADERS WILL LOSE ACCESS TO MANY ALTCOINS ON BINANCE IN SEPTEMBER

Jun 16,2019 at 09:57 pm


According to a report by CryptoPotato on June 14, crypto enthusiasts in the United States will have no trading options for a many cryptocurrencies as the major crypto exchange Binance will become unavailable for them in September.


Based on the following table, the conclusion is drawn which shows which cryptocurrencies will still be available for U.S. based traders after Binance departure:


The foregoing exchanges listed are Coinbase, Bittrex, Poloniex, Kraken, HuobiUS, and eToro.


The table also highlights that, in addition to the cryptocurrencies with no trading outlet in the U.S.—the all-white rows—there are also a number of tokens listed on only one exchange after Binance drops off, including ARK, BTT, IOTA, PIVX, and ZIL.


These “endangered” exchange tokens, as well as the (temporarily) extinct tokens, will likely witness a large drop in volume, according to the report.


However, veteran cryptocurrencies such as XRP, DASH, XLM, ETC, ZRX, and ZEN should survive Binance’s departure with little issue, since they are listed on four or more of the aforementioned exchanges.