Binance US Adds 5 New Cryptos

Binance US, the United States focused partner of popular crypto exchange, Binance announced today that it had added support for five new cryptocurrencies, bringing the total number of tradeable assets on the platform to twelve.

According to the update, the new cryptocurrencies being added to Binance US today includes Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM) and 0x (ZRX), while users can deposit their assets in preparation for trading in roughly 48 hours.

Notably, the new listings on Binance US mean the exchange has now added support for more than one-third of the thirty cryptocurrencies that it mentioned in a potential shortlist in August.

Users would be no doubt be expecting that the trading venue lists more altcoins in the coming months, although U.S regulations mean it is almost impossible to have the exchange add support for as many cryptocurrencies as their premier platform,

Tezos (XTZ) Spikes 4% Following Binance Listing

While Binance US prepares for the launch of trading, parent platform Binance listed Tezos (XTZ) the decentralized applications and smart contracts platform which was recently booked for the issuance of $1 billion worth of security token offerings.

Tezos (XTZ) is seeing a mild 4% gain on the day following the Binance listing, with the altcoin’s market cap recording a $725M value at the time of writing.

Tezos (XTZ) Listed on Binance

Meanwhile, the Tezos listing comes at a controversial moment with the crypto exchange under fire for asking a $300,000 fee plus 3% of DigiByte coin’s supply before they can add support for the cryptocurrency.

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