KuCoin Lists Binance Coin (BNB), Announces Support for Binance Chain Projects
Binance Coin (BNB) is now on KuCoin. Supported trading pairs include BNB/BTC and BNB/USDT. Deposits will open at 16:00 on June 19, 2019 (UTC+8), trading will start at 18:00 on June 19, 2019 (UTC+8) and withdrawal will open at 18:00 on June 21, 2019 (UTC+8).#KCS #BNB #BTC #USDT pic.twitter.com/e4NxFmTEgg
— KuCoin Updates (@KuCoinUpdates) June 19, 2019
According to the announcement, Binance Coin is now available for trading on KuCoin with two trading pairs, BTC and USDT. Users currently have access to BNB deposits and trading, with withdrawals coming on Friday at 11:00 AM (EDT).
“In order to meet users’ demands for new blockchain technologies, KuCoin is happy to announce that we will support projects running on Binance Chain,” the exchange stated.
Binance CEO Changpeng “CZ” Zhao responded to the announcement by saying, “Very smart move from KuCoin to support Binance Chain and BNB, [as it offers:] Access to many strong projects already (and will be) on Binance Chain [and attracts] BNB traders and holders, especially users [Binance] had not been able to service.”
This news comes several days after KuCoin unveiled a new affiliate program with higher commissions and a more selective approval process. The launch of the new affiliate program comes on the back last week’s news that Binance will be removing users from the United States and launching a dedicated US exchange with limited listings to become fully compliant with US regulators.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.