Binance US Explores Support For 18 More Digital Assets
2019 has been an interesting and exciting year for crypto. Despite the really fluctuating prices in the crypto market, the interest in Bitcoin and digital assets has been on the rise this year.
Also, the projects behind the cryptos have been moving further with various developments and innovations.
More than that, an essential goal that the crypto industry had for this year was mainstream crypto adoption, and things have been going on the right track.
Binance brings digital assets to 1 billion people
Binance was recently in the spotlight in relation to this issue of mass crypto adoption.
Binance acquired India’s leading digital asset platform WazirX, and it enables crypto traders in India to buy and sell BTC and more digital assets with fiat currencies.
Binance CEO Changpeng “CZ” Zhao stated the following:
“The young demographic in India gives an edge to adopt and build on new financial technologies.”
Zhao continued and said that he believes this will play a vital role in “making India a global blockchain innovation center.”
Binance US is considering adding 18 more cryptos
Now, it’s been revealed that Binance US is considering whether to add some new cryptos to the platform.
The exchange has been launched in September, and, back then, it supported Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, and Tether.
The platform is reportedly exploring potential support for the following list of coins:
- CELR Network
- Decred (DCR)
- Enjin (ENJ)
- Fantom (FTM)
- ICON (ICX)
- Harmony (ONE)
- Ontology (ONT)
- Ren (REN)
- Status (SNT)
- Theta (THETA)
- OmiseGo (OMG)
- Komodo (KMD)
- TomoChain (TOMO)
- Tron (TRX
- NEM (XEM)
- Tezos (XTZ)
- Hedera Hashgraph (HBAR)
More than that, besides considering the support of additional cryptos, Binance.US recently added the debit card transfers and enhanced its ACH limits to $30k.
It’s also worth noting that the exchange implemented a VIP trading program, as reported by the online publication the Daily Hodl.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.