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Binance.US’s liquidity is not related to Binance, and it may not be a good thing, claims Binance U.S. CEO Catherine Coley

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Binance.US's liquidity is not related to Binance, and it may not be a good thing, claims Binance U.S. CEO Catherine Coley
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As Binance.US makes headlines with its entry into the U.S. market, Catherine Coley, the company’s CEO featured on an online AMA to explain the business offering while clearing some confusion of existing crypto enthusiasts within the country. Coley started off the session by introducing Binance.US as “the trading platform you’ve been looking for.”

The avid entrepreneur highlighted some of the recent announcements, which included free trading and referral programs. Although Coley has made a recent transition from traditional finance to cryptocurrency, she mentioned Binance’s role as an “equalizing force” in increasing the freedom of money around the world. Answering one of the questions from the viewers, Coley  said,

“Binance.US’s liquidity is not related to Binance, and it may not be a good thing right now.”

Additionally, she maintained optimism toward the large potential of the market in terms of demographics as well as trading styles. The company plans to launch iOS and Android applications in the near future to make the trading platforms more accessible to the general public. Coley also detailed on Binance.US’s security efforts, while adding,

“Security being the top priority, we will infuse Binance-like safu features, which has been successful across the globe.”

Ending the AMA session, Coley highlighted the fact that the company is experimenting various possibilities with “fiat on-ramp,” and will work towards getting regulatory green flag for other crypto based services in the near future for every state.

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Arijit is a full-time journalist at AMBCrypto, who focuses on the XRP and Ethereum ecosystem. Leveraging over three years of experience in media and Majoring in Computer Science, he covers the technical developments in the crypto ecosystem

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