Binance will close the exchange for residents of the United States. What altcoins because of this fall?

September 12, 2019, the Binance crypto currency exchange will not be available for US traders. At the same time, according to representatives, the company will enter into a Trading partnership with Bam to create another exchange, which will be able to work in an American jurisdiction. At the moment there is no information when it will be launched. While there are suggestions that its functionality will be severely limited.

Most likely, the majority of cryptocurrencies, presented to the American customers on Binance, you may begin to fall in the coming months. This is due to similar constraints on other exchanges.

In the diagram you can see which of the coins in the list Binance also presented on other US exchanges. These include Coinbase, Bittrex, Poloniex, Kraken, HuobiUS and eToro.

The study shows that most of cryptocurrencies now will be forced to seek liquidity on other markets.

Coins Binance on other US exchanges. Source: Twitter Goomba

Such cryptocurrencies like Aeternity, HOT, LINK, NANO, ONE, VET and WTC can be completely unavailable for us traders. So you should expect significant collapse of prices. By the way, Harmony (ONE) — was one of the last IEO on Binance Launchpad. While native token exchange Binance Coin (BNB) us traders now able to trade only at eToro.

Mature altcoins situation a little better

While the cryptocurrency may suffer, there are those that will be available to users in the United States. These include XRP, DASH, XLM, ETC, ZRX and ZEN. These coins are in listinga at least 4 cryptomeria compatible with the regulation of the United States.

In our cryptodata of hontarov you will find lots of other useful information. Look at the light.

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