Bitcoin is currently trading at a discount of around 8.5% on Binance.US compared to global spot prices. Other cryptocurrencies like Ethereum and stablecoins like USDT are also trading at a discount on the exchange. However, the discount only applies when trading against fiat USD, and Binance.US users have not been able to deposit new USD since June 9.
Concerns about USD withdrawals being halted have led some users to trade their cryptocurrencies below market value. Binance.US has announced that the last day for USD withdrawals will be July 20.
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