{"id":395682,"date":"2019-09-10T19:00:26","date_gmt":"2019-09-10T19:00:26","guid":{"rendered":"https:\/\/wncen.com\/?p=395682"},"modified":"2024-06-11T10:37:31","modified_gmt":"2024-06-11T10:37:31","slug":"psa-only-48-hours-remain-for-us-crypto-investors-to-trade-on-binance","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/psa-only-48-hours-remain-for-us-crypto-investors-to-trade-on-binance\/","title":{"rendered":"PSA: Only 48 Hours Remain for US Crypto Investors to Trade on Binance"},"content":{"rendered":"
Back in June, the world\u2019s most popular crypto exchange, Binance<\/a>, announced that it would soon be blocking US-based investors from its platform<\/a>, in order to comply with global regulations.<\/span><\/p>\n The deadline for US-based investors to cease trading and using Binance is less than 48 hours away. Here is everything crypto<\/a> investors and traders need to know about the major disruption and what may occur in the crypto market after the largest portion of traders is cut off from much of the altcoin market.<\/span><\/p>\n Ever since Binance announced it would be blocking US investors<\/a> from using its flagship trading platform and website, the crypto market has never been the same. Altcoins, Binance\u2019s claim to fame, have been bleeding out profusely due to the lack of buy pressure and uncertainty surrounding the asset class.<\/span><\/p>\n Related Reading | Binance US Evaluating 30 Crypto Assets, Bitcoin and Ethereum Under Scrutiny?\u00a0<\/a><\/strong><\/em><\/p>\n Binance<\/a> currently offers hundreds of altcoin trading pairs against BTC and other major currencies, however, the upcoming US-based alternative may only offer 30 some odd cryptocurrencies<\/a>, including Bitcoin \u2013 a far cry from what crypto investors and traders are used to under the Binance namesake.<\/span><\/p>\n But the exchange is only \u201cexploring\u201d these assets, and there\u2019s no certainty any of them outside of what\u2019s offered at other US-based exchanges such as Coinbase will be listed. The assets Binance is considering can be seen below.<\/span><\/p>\n <\/p>\nBinance To Shut Off Trading for US Investors on September 12<\/h2>\n
What Steps Should US Crypto Investors Take?<\/h2>\n