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    Home » Opinion: The price of BNB will fall after the departure of American users with Binance

    Opinion: The price of BNB will fall after the departure of American users with Binance

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    By BlockchainJournal on June 15, 2019 News
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    Economist and cryptanalyst Alex Kruger expressed the opinion that the movement of American users from Binance.com to Binance US may adversely affect the course of the BNB asset.

    1. Binance US coming.

    2. Binance may move US users (reportedly 25-30% of total) from https: //t.PNtC8MFp7I to Binance US.

    3. If no $ BNB in Binance US => $ BNB demand would drop.

    Here it may be necessary to reach the $ BNB dip desired by so many. https://t.co/vIaJ0S03Yz

    – Alex Krüger (@krugermacro) 14 June 2019 p.

    “Binance can transfer US customers (presumably 25-30% of the user base) from Binance.com to Binance US. If BNB is not represented at the US branch of Binance, the demand for a coin will fall, ”the expert shares his thoughts.

    Also, according to Kruger, may suffer the prices of many altcoins presented on the main platform, but not in the listing of Binance US.

    It couldn’t be listed.

    Something to keep present.

    – Alex Krüger (@krugermacro) 14 June 2019 p.

    A similar opinion is shared by Twitter user Goomba. He presented a table of coins, whose prices may suffer with the launch of Binance US.

    Couldn’t take it away

    – Goomba (@remigoomba) 14 worm 2019 r.

    In the table attached to the tweet, white highlights the assets, the volume of trade in which, according to Goomba, may fall this summer:

    Violet color highlights assets represented on at least one trading platform that legally serves US users.

    According to the analytic resource SimilarWeb , currently Binance.com is dominated by American users:

    Recall, on June 14, it became known that Binance, in partnership with BAM Trading Services, is launching a US division of the exchange. In this case, from September 12, the parent platform Binance.com will stop serving users from the United States.

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