The list of assets that can be added to the Binance US exchange has become known
Binance, the upcoming US division of cryptocurrency exchange this Friday, revealed a list of assets it is currently considering adding..
The following cryptocurrencies and tokens can be listed on Binance US: ADA, ATOM, BAT, BCH, BNB, BTC, DASH, EOS, ETC, ETH, HOT, IOTA, LINK, LOOM, LTC, MANA, NANO, NEO, PAX, REP , RVN, TUSD, USDC, USDT, VET, WAVES, XLM, XRP, ZIL, ZRX.
According to the publication, the exchange has developed a digital asset valuation model to select cutting edge projects, ensure transparency in the listing process and comply with all applicable laws..
In selecting assets, five factors will be considered:
- Whether their listing would affect Binance US’s ability to comply with U.S. laws and regulations, including those related to customer identification and securities trading;
- Do their teams have a clear strategy aimed at solving real problems;
- How their teams interact with community members and whether they reach compromises;
- What kind of supply and demand model they use;
- Are transactions based on them technologically secure?.
“Binance US recognizes that the availability of token issuance on blockchains and expectations of lax regulation could make such tokens a target of abuse,” the exchange writes. – Binance US has a legal and moral obligation to protect users from fraudulent blockchain projects and to combat financial crime..
Previously, some participants in the cryptocurrency space assumed that Binance would try to delay as much as possible the announcement of the list of assets that would be available for trading on the American platform, since for the rest it would actually mean a significant loss of liquidity..
In accordance with the updated rules for the provision of exchange services, on September 12, US users will lose access to the main platform Binance.com. When the launch of the American site takes place, the company does not specify in the latest publication.
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