Binance adds ATOM and NEO to its coins list

Binance launched a number of fiat-to-crypto subsidiaries around the world in 2019, which was the beginning of a plan to have at least two such exchanges on each continent. The exchanges launched so far include Binance.Jersey, in Europe; Binance.Singapore in Asia; and the newest addition to the ecosystem — Binance.US in North America.

According to what is known, these subsidiaries are growing their user bases without any performance issues being reported thus far. The development of Binance.US is also particularly important since Binance’s main platform stopped serving US customers to avoid legal issues, earlier this year.

Now, Binance.US announced that it is expanding its list of offered cryptocurrencies from 21 to 23 different altcoins. The newly reported additions to the list include NEO and Cosmos (ATOM).

Listing new coins on Binance.US is not such an easy task, especially due to the US SEC’s strict stance on which cryptocurrencies are safe to trade, and which are (or might be) securities. Binance.US aims to provide US investors with as many coins as possible, but it will not add something that might cause legal issues with the regulator.

However, according to the new announcement, it would seem that ATOM and NEO are in the clear. Both of the coins are joining the platform with two trading pairs for each — one against USD (NEO/USD, ATOM/USD) and another against Tether (NEO/USDT, ATOM/USDT).

The announcement also states that the coins will go live on the platform today at 9 pm (EST).

Binance.US also recently added another altcoin, Waves (WAVES). With the addition of two new coins after that — the exchange does not appear to be showing any signs of stopping anytime soon. This is rather fortunate news for US investors and traders, who would otherwise likely have trouble with finding a proper place to access the coins they are interested in.

Finally, Binance.US will offer free trades for the rest of the day, as a launch bonus. The free trades will reportedly end by November 1st, meaning that traders have only a small window of opportunity to enjoy them. Furthermore, there will also be a $15 referral bonus on signup.

Binance adds ATOM and NEO to its coins list

Bitcoin slid below $60,000: why is the crypto market crashing?

JPMorgan, Citi and BofA plan blockchain deposit network for 2027

Pudgy Penguins (PENGU) price forecast: fundamentals point to a possible bounce back

Can ETH bulls defend crucial $1,500 support as selloff deepens? Check forecast

Why is XRP falling even as institutional ETF inflows turn positive?