Bitcoin $96,379.42 -1.30%
Ethereum $3,325.19 -2.64%
BNB $650.80 -0.41%
Optimism $2.15 -2.46%
Arbitrum $0.83 -3.44%
Solana $248.49 -2.52%
Polygon $0.54 -5.35%
Cosmos $8.31 +1.84%
Avalanche $40.16 -3.92%

Bitcoin $96,379.42 -1.30%
Ethereum $3,325.19 -2.64%
BNB $650.80 -0.41%
Optimism $2.15 -2.46%
Arbitrum $0.83 -3.44%
Solana $248.49 -2.52%
Polygon $0.54 -5.35%
Cosmos $8.31 +1.84%
Avalanche $40.16 -3.92%

Bitcoin Trades at Nearly $1K Discount on Binance.US Crypto Exchange, Kaiko Observes

June 26 (Cointime) - Bitcoin is currently trading at a discount of almost $1,000 on the Binance.US crypto exchange, according to research firm Kaiko. This disparity has been observed since June 22 and continues to persist.

The discount may be due to Binance.US's announcement that its banking partners may discontinue USD withdrawals in the near future, causing clients to sell Bitcoin at a discount to withdraw their funds.

Additionally, Binance.US's market depth has fallen since May, potentially contributing to the price fluctuation.

Bitcoin Binance.US

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Bitcoin Trades at Nearly $1K Discount on Binance.US Crypto Exchange, Kaiko Observes

All Comments

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