Crypto Mixed; Binance US to Get Online Soon By Prices of the major cryptocurrencies were mixed on Monday in Asia, with Bitcoin dropping further but Ethereum gaining grounds. Traders focused on the news that Binance’s US branch will launch in the coming weeks.

fell 1.48% to $10,307.3 by 11:48 AM ET (03:48 GMT). It experienced a slump over the weekend from above $10,800 down to this level on Monday.

Other digital coins gave a mixed performance. gained 0.13%, fell 0.32% and rose 0.67% over the last 24 hours.

Binance.US, the U.S.-based branch of major crypto exchange Binance, said last Friday that its trading platform is expected to launch in the following weeks.

We will open KYC onboarding a few days prior to live trading so you will have time to verify your account and deposit funds,” it added in its statement.

The U.S. crypto exchange is finalizing the list of states where it will start to offer service to users. The list will be released before it begins onboarding customers.

Across the Pacific Ocean, Japan’s messaging giant LINE has officially jumped on the crypto exchange bandwagon.

Last Friday, LINE’s digital asset- and blockchain-focused arm LVC Corporation obtained the crypto exchange operating license from Japan’s financial regulator. LINE’s 80 million users will be able to buy and sell major cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin and XRP on the trading platform known as BITMAX.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link