A look at Binance US' growth and volume after its first month in business

InstitutionalNovember 4, 2019, 3:50PM EST
UPDATED: March 16, 2022, 3:54PM EDT
A look at Binance US' growth and volume after its first month in business
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In early June, Binance announced that it would begin blocking U.S. traders from using its exchange. Later in the month, reports surfaced that Binance would expand its services into the U.S. by establishing an independent organization called Binance US through a partnership with BAM Trading Services.

In late September, Binance US officially opened its doors for trading under the leadership of CEO Catherine Coley, a former Ripple executive. The exchange now supports 23 assets and three base pairs. As Binance US officially passes its first month of operation, The Block takes a look into the exchange’s trading activity and volumes.

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