Binance.US, the American arm of global cryptocurrency exchange Binance, is selling Bitcoin at a premium of $700 more than the cryptocurrency's market price on May 9. At the time of writing, Bitcoin is being traded at $28,393 on Binance.US, which is 2% higher than the current market price of $27,722 according to data from CoinGecko and CoinMarketCap. Binance.US' Bitcoin premium comes after Binance faced major withdrawal issues on May 7 due to unusual mempool congestion, which led the exchange to consider adding the Lightning Network to speed up BTC transactions.
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Binance.US Sells Bitcoin at Premium Amid Global Exchange's Recovery
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