- QTUM becomes the 25th cryptocurrency on its list
- Binance.US broke the $10 million volume mark after only one month of its existence
- Binance’s American subsidiary Binance.US has added Qtum (QTUM)
The world’s leading cryptocurrency exchange by trade volumes announced on Wednesday, November 14, 2019, via an official blog post it was listing the platform that implements a plug-and-play smart contract bridging from Bitcoin and Ethereum. The company also said in an official tweet:
— Binance.US (@BinanceAmerica) November 14, 2019
Supports 25 Cryptocurrencies
As per the announcement, deposits went on live for the QTUM/USD and QTUM/USDT trading pair on November 14, at 9:00 PM EST. By adding QTUM, Binance US now supports 25 cryptocurrencies across BTC, USDT and USD markets. The announcement has come only a fortnight after Binance.US included support for a debit card payment platform that created a third fiat on-ramp for users to fund their accounts. The firm only recently revealed its trading fee schedule and VIP program.
Binance cryptocurrency exchange has been in the news in the past few days with a number of developments and partnerships. The firm’s founder and CEO Changpeng Zhao ‘CZ’ revealed during his latest AMA during Binance Super Meet Up held in Singapore that the company’s primary focus over the next few quarters would integrate the remaining 180 fiat currencies into the Binance platform. The main exchange currently supports European euro (EUR); Ukrainian hryvnia (UAH); Kazakhstani tenge (KZT); Nigerian naira (NGN), and Russian ruble (RUB). CZ stated:
“One of the key things I want to do for the next few months – six to nine months or so – is to get those other 180 on boarded onto Binance.com […] we want to have them directly on Binance.com wherever possible so that this way, they have direct access to the large liquidity on Binance.com.”
Broke the $10 Million Volume Mark after One Month
The United States-based branch of major crypto exchange Binance, which opened its doors on September 24, 2019, broke the $10 million volume mark after only about one month of its existence. This same feat took Binance longer to unlock back in the day.” The exchange had by October 23, 2019, saw $10,481,594 in daily traded volume, according to data shared by Binance America CEO, Catherine Coley. Binance.US is currently offering a $15 referral bonus on sign-up.