common-close-0
BYDFi
Trade wherever you are!

How does Binance, a leading cryptocurrency exchange, relate to BAM Trading Inc?

avatarJacinta UzoechinaDec 27, 2021 · 3 years ago3 answers

Can you explain the relationship between Binance, one of the top cryptocurrency exchanges, and BAM Trading Inc in detail?

How does Binance, a leading cryptocurrency exchange, relate to BAM Trading Inc?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Binance, as you may know, is one of the largest and most popular cryptocurrency exchanges in the world. It was founded by Changpeng Zhao (CZ) in 2017. BAM Trading Inc is actually the company that operates Binance US, which is a separate platform specifically designed for users in the United States. Binance US was launched in partnership with BAM Trading Inc to comply with US regulations and provide a secure and compliant trading experience for US customers. So, Binance and BAM Trading Inc have a business relationship where BAM Trading Inc operates Binance US under the Binance brand.
  • avatarDec 27, 2021 · 3 years ago
    Binance, the leading cryptocurrency exchange, has a connection with BAM Trading Inc. BAM Trading Inc is the company that operates Binance US, a platform catering to users in the United States. Binance US was launched as a separate entity to comply with US regulations and provide a localized trading experience for US customers. This partnership allows Binance to expand its reach and offer its services to the US market while ensuring compliance with local laws.
  • avatarDec 27, 2021 · 3 years ago
    Binance, being a global cryptocurrency exchange, has established a relationship with BAM Trading Inc. BAM Trading Inc operates Binance US, a platform specifically designed for users in the United States. Binance US was launched to comply with US regulations and provide a secure trading environment for US customers. Through this partnership, Binance is able to extend its services to the US market and cater to the needs of American cryptocurrency traders.