BNB becomes available for trading and custody on the U.S. exchange Gemini

The American cryptocurrency exchange Gemini has listed Binance Coin (BNB). The altcoin is now available for trading and custody for users in the United States on a regulated platform. This is an important milestone for BNB, as Gemini is known for its cautious approach to adding new assets, especially in the United States.

The decision by the U.S. exchange to add Binance Coin to its platform indicates that the coin fully complies with the exchange’s standards. As a result of this move, BNB has joined a small group of altcoins that are now available on all major platforms in the United States.

Binance Coin was created in 2017 by the company Binance and later became the core asset of the BNB Chain network. Initially, it was mainly used to reduce trading fees on the Binance exchange, but later it began to be used to pay network fees and support activity across many applications built on the BNB blockchain.

The listing took place during a challenging period for most altcoins. Data shows that interest in cryptocurrencies remained low throughout most of the year. Prices of many popular tokens fell sharply.

Despite this trend, Binance Coin is holding up better than many other altcoins. At the time of writing, the digital asset was trading at $841.63.

See also: "Tether freezes USDT stablecoins far more often than Circle"

#BNB (BNB) #USA #Gemini

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