Trading fees are extremely important when evaluating where to trade. While some exchanges like Coinbase (Coinbase Pro is much cheaper) and Gemini are known for being rather expensive, Binance is known for offering some of the lowest cryptocurrency trading fees in the world. Once again, U.S. citizens are probably wondering whether Binance.US can match Binance in this category.
Besides these broader differences, there are also some practical differences when comparing Binance vs Binance.US.
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BTC to BITO: the original cryptocurrency, and the promise and limitations of Bitcoin ETFs
SafeMoon is a newly added cryptocurrency that has seen a rise in its rates since its launch in March 2021.
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However, after three months in the role, Brooks resigned amid an alleged battle over independence from Binance CEO Changpeng Zhao. Brooks himself did not give his reason for leaving.
BitTorrent lost its relevance ever since the decentralised media network, Tron, made sharing files easier and faster, and the TRON Foundation purchased BitTorrent. Later, BitTorrent purchased DLive, a blockchain content-sharing platform where creators can monetise content without having to share with the network.
Zhao recently said that Binance.US is expecting to close a funding round shortly. He reiterated that the U.S. business, which was launched in 2019, is planning an eventual public offering.
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If you don't particularly want to wait for a potential SafeMoon listing on Binance, Coinbase, or another exchange, there are alternative ways to buy SafeMoon.
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At IG, our markets for bitcoin, bitcoin cash, ether and litecoin are quoted against the US dollar. This is how you’ll usually see these cryptocurrencies quoted elsewhere, too.
Senior fellow at the Peterson Institute for International Economics. Adjunct professor at Georgetown University.