Fresh addition to the platform includes the new USD pairs and a whole section of Alt/BTC pairs.
Topic: US support of Binance's coins across Coinbase, Bittrex, Polo, Kraken, Huobi, etc (Read 369 times)
September 25, 2019, 12:07:53 PM
Just opened Binance.US after a week and found some interesting additions:
Fresh addition to the platform includes the new USD pairs and a whole section of Alt/BTC pairs.
Fresh addition to the platform includes the new USD pairs and a whole section of Alt/BTC pairs.
September 19, 2019, 07:56:30 PM
Coinbase is going mega shitcoin - https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-70419575eac4
I've never heard of almost all of them. It looks like Binance US may wind up a beacon of taste and respectability just as Coinbase spirals down the toilet bowl. A very weird move on their part but good luck anyway.
I've never heard of almost all of them. It looks like Binance US may wind up a beacon of taste and respectability just as Coinbase spirals down the toilet bowl. A very weird move on their part but good luck anyway.
It's not so weird if they are expecting a replay of 2017 at some point. As the biggest US fiat gateway, the less exodus to altcoins exchanges the better.
I thought they were going "mega shitcoin" when they published their "Digital Asset Framework" a year ago. They only ended up listing 10 or so new coins, though. The launch of Binance.us probably gave them a kick in the pants. Coinbase already supports way more coins than Binance.us; maybe they're trying to keep it that way.
September 19, 2019, 07:25:33 PM
Coinbase is going mega shitcoin - https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-70419575eac4
I've never heard of almost all of them. It looks like Binance US may wind up a beacon of taste and respectability just as Coinbase spirals down the toilet bowl. A very weird move on their part but good luck anyway.
I've never heard of almost all of them. It looks like Binance US may wind up a beacon of taste and respectability just as Coinbase spirals down the toilet bowl. A very weird move on their part but good luck anyway.
September 18, 2019, 03:21:43 PM
I find it a bit weird BNB isn't considered to be somewhere in security territory. It was launched with an ICO and its value hangs on the success of one corporation. I suppose it's not ownership of Binance as such but it's one hell of a long way from something like BTC.
Binance is playing with fire with that one. They burn BNB based on profits made -- lowering the circulating supply -- so it seems like there is indeed an expectation of profits. These are the four metrics of the Howey Test. BNB seems to fit every one:
Quote
- It is an investment of money
- There is an expectation of profits from the investment
- The investment of money is in a common enterprise
- Any profit comes from the efforts of a promoter or third party
Arguably, they issued unregistered securities to US persons. I also don't think that's the only area where they have legal exposure to the SEC.
Out of nowhere, Binance US has announced that it'll support one more crypto-asset, and that's BNB!
We are proud to announce one addition to our Phase 1 digital asset offerings. $BNB deposits will open along with registrations today!
This could get real ugly, TBH.
September 16, 2019, 04:34:53 PM
Quote
To complete the onboarding process, users will be required to provide a valid government ID — driver’s license or a passport — and their social security number.
Yikes, social security number? That will be a deal breaker for some. I passed on joining Gemini because they required SSN, so of course I won't be going anywhere near Binance.US, who is far less trustworthy.
I wonder if this is just for AML compliance, or if they actually plan on sending 1099s to the IRS.
A new update: Prepare for Launch: Account Verification & Tiers
...and it seems like SSN is required, even in the "basic" verification:
September 14, 2019, 05:02:26 PM
Another exchange down for Polymath (POLY); Bittrex just announced that it'll make POLY unavailable for the US traders from 27 September!
Market Availability Changes for U.S. Customers 9/27/19
September 12, 2019, 10:51:12 AM
Listing pumps? Well, it didn't happen in the case of Binance Jersey:
Even after 9 months of launch, Binance Jersey trading pairs consist of only BTC, ETH, LTC, BNB, and BCH.
However, I smell some real trouble for the coins I've listed in OP. See, Binance Jersey was launched back in January. After all these (six) months, no coin other than ETH, BTC, and BNB is listed there (LTC got listed there today). Similarly, we'll probably only see the very few majors in the start at the US version of Binance, and getting the listing of other sh!tcoins (especially the ones that aren't a part of top ten projects by marketcap) can take years.
Even after 9 months of launch, Binance Jersey trading pairs consist of only BTC, ETH, LTC, BNB, and BCH.
The Jersey exchange was intended to "help bridge the crypto-fiat channel for Europe and the U.K." European and UK traders were never barred from using Binance.com.
That's what makes this a distinctly different case. The US site is meant to function not only as a fiat gateway but also as a replacement for Binance.com. That's why I think they felt the need to suggest that dozens more listings are coming in their blog last month.
A very good point, and it seems like the following tweet proves it:
CZ is already working on phase two of the US platform!
September 11, 2019, 05:35:46 PM
Listing pumps? Well, it didn't happen in the case of Binance Jersey:
Even after 9 months of launch, Binance Jersey trading pairs consist of only BTC, ETH, LTC, BNB, and BCH.
However, I smell some real trouble for the coins I've listed in OP. See, Binance Jersey was launched back in January. After all these (six) months, no coin other than ETH, BTC, and BNB is listed there (LTC got listed there today). Similarly, we'll probably only see the very few majors in the start at the US version of Binance, and getting the listing of other sh!tcoins (especially the ones that aren't a part of top ten projects by marketcap) can take years.
Even after 9 months of launch, Binance Jersey trading pairs consist of only BTC, ETH, LTC, BNB, and BCH.
The Jersey exchange was intended to "help bridge the crypto-fiat channel for Europe and the U.K." European and UK traders were never barred from using Binance.com.
That's what makes this a distinctly different case. The US site is meant to function not only as a fiat gateway but also as a replacement for Binance.com. That's why I think they felt the need to suggest that dozens more listings are coming in their blog last month.
September 11, 2019, 04:20:31 PM
Listing pumps? Well, it didn't happen in the case of Binance Jersey:
EUR and especially GBP markets are minnows compared to USD, USDT or BTC. I've never really understood why EUR is piddling, it's the currency of one the world's richest areas. I certainly do get why GBP is. Because of the banking thing crypto's a long way behind most other places in the UK.
September 11, 2019, 04:08:35 PM
~snip~
5 coins + tether? what an epic disappointment! launching with less markets than coinbase seems like a horrible way to generate hype. i guess they are desperate to recapture USA traders ASAP because liquidity is leaving binance.com in droves now.
i also wonder if they're launching this way so they can engage in listing pumps. supposedly they're gonna keep adding coins:
5 coins + tether? what an epic disappointment! launching with less markets than coinbase seems like a horrible way to generate hype. i guess they are desperate to recapture USA traders ASAP because liquidity is leaving binance.com in droves now.
i also wonder if they're launching this way so they can engage in listing pumps. supposedly they're gonna keep adding coins:
Listing pumps? Well, it didn't happen in the case of Binance Jersey:
However, I smell some real trouble for the coins I've listed in OP. See, Binance Jersey was launched back in January. After all these (six) months, no coin other than ETH, BTC, and BNB is listed there (LTC got listed there today). Similarly, we'll probably only see the very few majors in the start at the US version of Binance, and getting the listing of other sh!tcoins (especially the ones that aren't a part of top ten projects by marketcap) can take years.
Even after 9 months of launch, Binance Jersey trading pairs consist of only BTC, ETH, LTC, BNB, and BCH.
Quote
After trading launches for this first phase, we will be continually adding to the selection of digital assets available for verified users to deposit and eventually trade on Binance.US. Trading availability of the digital assets we’re exploring will be based on our Digital Asset Risk Assessment Framework.
the first condition makes it sound like privacy coins and obvious securities are off the table.
September 11, 2019, 03:48:02 PM
The wait is finally over! It seems like US Binance is going to start with the following assets:
-Bitcoin
-Ethereum
-XRP
-Bitcoin Cash
-Litecoin
-Tether
and so, there's no BNB!
-Bitcoin
-Ethereum
-XRP
-Bitcoin Cash
-Litecoin
-Tether
and so, there's no BNB!
5 coins + tether? what an epic disappointment! launching with less markets than coinbase seems like a horrible way to generate hype. i guess they are desperate to recapture USA traders ASAP because liquidity is leaving binance.com in droves now.
i also wonder if they're launching this way so they can engage in listing pumps. supposedly they're gonna keep adding coins:
Quote
After trading launches for this first phase, we will be continually adding to the selection of digital assets available for verified users to deposit and eventually trade on Binance.US. Trading availability of the digital assets we’re exploring will be based on our Digital Asset Risk Assessment Framework.
the first condition makes it sound like privacy coins and obvious securities are off the table.
September 11, 2019, 03:18:17 PM
The wait is finally over! It seems like US Binance is going to start with the following assets:
-Bitcoin
-Ethereum
-XRP
-Bitcoin Cash
-Litecoin
-Tether
and so, there's no BNB!
Binance US Plans to Begin Onboarding Customers Next Week
https://www.coindesk.com/binance-us-plans-to-begin-onboarding-customers-next-week
-Bitcoin
-Ethereum
-XRP
-Bitcoin Cash
-Litecoin
-Tether
and so, there's no BNB!
Binance US Plans to Begin Onboarding Customers Next Week
https://www.coindesk.com/binance-us-plans-to-begin-onboarding-customers-next-week
September 08, 2019, 08:29:55 PM
Quote
To complete the onboarding process, users will be required to provide a valid government ID — driver’s license or a passport — and their social security number.
Yikes, social security number? That will be a deal breaker for some. I passed on joining Gemini because they required SSN, so of course I won't be going anywhere near Binance.US, who is far less trustworthy.
I wonder if this is just for AML compliance, or if they actually plan on sending 1099s to the IRS.
Yeah, that's some serious ugliness.
From US Binance's official Medium article:
Quote from: https://medium.com/binance-us/https-medium-com-binance-us-what-to-expect-from-binance-us-6fc4db71b5c8
What will I need to register on Binance.US?
KYC (know your customer) will be required for trading on Binance.US. Setting up a new account will require a valid government ID (driver’s license or passport) and social security number (SSN) to register for access to the Binance.US marketplace, available in most U.S. states.
KYC (know your customer) will be required for trading on Binance.US. Setting up a new account will require a valid government ID (driver’s license or passport) and social security number (SSN) to register for access to the Binance.US marketplace, available in most U.S. states.
The US traders are already expressing their hate in this regard on US Binance's official Twitter handle:
You want a Social Security number for KYC? You realize our government instructs us NEVER to give out that information in this manor right? Everyone else is good with a Passport or Drivers license. Most of us will not be joining if an SSN is required. FAIL!
Imagine asking for SSN from people when you just had a massive KYC leak. Tragic
Why asking for SSN for account ? We are not opening a Bank account. Robinhood never asked for SSN
...and the best comment so far:
Can I just post my SSN in my Twitter bio and you can collect it at your leisure? 'Cuz it's basically the same thing.
September 08, 2019, 07:29:13 PM
Quote
To complete the onboarding process, users will be required to provide a valid government ID — driver’s license or a passport — and their social security number.
Yikes, social security number? That will be a deal breaker for some. I passed on joining Gemini because they required SSN, so of course I won't be going anywhere near Binance.US, who is far less trustworthy.
I wonder if this is just for AML compliance, or if they actually plan on sending 1099s to the IRS.
September 08, 2019, 04:58:45 PM
Crypto Exchange Binance.US to Launch ‘in the Coming Weeks’
https://cointelegraph.com/news/crypto-exchange-binanceus-to-launch-in-the-coming-weeks
https://cointelegraph.com/news/crypto-exchange-binanceus-to-launch-in-the-coming-weeks
August 19, 2019, 02:44:26 PM
I find it a bit weird BNB isn't considered to be somewhere in security territory. It was launched with an ICO and its value hangs on the success of one corporation. I suppose it's not ownership of Binance as such but it's one hell of a long way from something like BTC.
Binance is playing with fire with that one. They burn BNB based on profits made -- lowering the circulating supply -- so it seems like there is indeed an expectation of profits. These are the four metrics of the Howey Test. BNB seems to fit every one:
Quote
- It is an investment of money
- There is an expectation of profits from the investment
- The investment of money is in a common enterprise
- Any profit comes from the efforts of a promoter or third party
Arguably, they issued unregistered securities to US persons. I also don't think that's the only area where they have legal exposure to the SEC.
August 19, 2019, 11:24:21 AM
Binance’s US Arm to Go Live ‘Within Two Months,’ CEO Says
https://www.coindesk.com/binance-us-to-go-live-within-two-months-changpeng-zhao
https://www.coindesk.com/binance-us-to-go-live-within-two-months-changpeng-zhao
August 13, 2019, 01:41:33 PM
I find it a bit weird BNB isn't considered to be somewhere in security territory. It was launched with an ICO and its value hangs on the success of one corporation. I suppose it's not ownership of Binance as such but it's one hell of a long way from something like BTC.
I agree. I guess Mr. CZ is afraid to admit it as it'll pretty much crash BNB value. Let's see what happens next...
August 13, 2019, 05:16:53 AM
I find it a bit weird BNB isn't considered to be somewhere in security territory. It was launched with an ICO and its value hangs on the success of one corporation. I suppose it's not ownership of Binance as such but it's one hell of a long way from something like BTC.
August 12, 2019, 03:23:56 PM
This is a very major update!
Exciting Developments Coming Soon for Binance US
https://medium.com/binance-us/exciting-developments-coming-soon-for-binance-us-f79f86bdd9c6
As in the article:
So if we short-list these coins, that are being explored for Binance US listing, we'll be left with the following:
-ADX
-AE
-AGI
-AMB
-APPC
-ARN
-AST
-BCD
-BCPT
-BLZ
-BQX
-BRD
-BTG
-CDT
-CELR
-CMT
-DATA
-DGD
-DLT
-DOCK
-EDO
-ENG
-EVX
-FTM
-FUEL
-GO
-GTO
-GVT
-GXS
-HC
-INS
-KEY
-LEND
-LRC
-LUN
-MATIC
-MCO
-MDA
-MFT
-MITH
-MTH
-NEBL
-NULS
-OAX
-ONE
-PHB
-POA
-POE
-POWR
-PPT
-QKC
-QLC
-QSP
-RCN
-RDN
-REN
-REQ
-RLC
-SKY
-SNGLS
-SNM
-STORM
-TFUEL
-THETA
-TNB
-TNT
-VIB
-VIBE
-WABI
-WAN
-WPR
-WTC
-YOYO
This is the list of coins (and tokens) to which US users won't have any access across major exchanges (Binance, Bittrex, Poloniex, Kraken, Huobi, Coinbase).
Exciting Developments Coming Soon for Binance US
https://medium.com/binance-us/exciting-developments-coming-soon-for-binance-us-f79f86bdd9c6
As in the article:
So if we short-list these coins, that are being explored for Binance US listing, we'll be left with the following:
-ADX
-AE
-AGI
-AMB
-APPC
-ARN
-AST
-BCD
-BCPT
-BLZ
-BQX
-BRD
-BTG
-CDT
-CELR
-CMT
-DATA
-DGD
-DLT
-DOCK
-EDO
-ENG
-EVX
-FTM
-FUEL
-GO
-GTO
-GVT
-GXS
-HC
-INS
-KEY
-LEND
-LRC
-LUN
-MATIC
-MCO
-MDA
-MFT
-MITH
-MTH
-NEBL
-NULS
-OAX
-ONE
-PHB
-POA
-POE
-POWR
-PPT
-QKC
-QLC
-QSP
-RCN
-RDN
-REN
-REQ
-RLC
-SKY
-SNGLS
-SNM
-STORM
-TFUEL
-THETA
-TNB
-TNT
-VIB
-VIBE
-WABI
-WAN
-WPR
-WTC
-YOYO
This is the list of coins (and tokens) to which US users won't have any access across major exchanges (Binance, Bittrex, Poloniex, Kraken, Huobi, Coinbase).
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