Bitcoin spreads soar 20 times higher on BinanceUS than on Coinbase, Kraken: Kaiko
Bitcoin spread soared dramatically on BinanceUS, the crypto exchange giant’s American affiliate.
The BTC spreads against USDT and USD more than tripled within the past week — compared to modest changes from Coinbase and Kraken. In all, BinanceUS’s BTC spread soared 20 times wider than its competitors, according to crypto data firm Kaiko.
Source: Kaiko, Twitter
The activity suggests that users are selling off their BTC after the Securities and Exchange Commission brought a lawsuit against Binance, Binance US and Binance CEO Changpeng Zhao.
After the suit, BinanceUS announce da move to delist over 100 trading pairs and paused its OTC Trading Portal. BinanceUS said late Thursday that it would pause USD deposits ahead of an expected freeze on dollar payments services from its bank partners.
Bitcoin 
Ethereum 
Tether 
Dogecoin 
USDC 
Cardano 
TRON 
Chainlink 
Stellar 
Hedera 
Bitcoin Cash 
LEO Token 
Litecoin 
Cronos 
Ethereum Classic 
VeChain 
Monero 
Dai 
Algorand 
OKB 
Cosmos Hub 
Stacks 
Theta Network 
Gate 
Maker 
KuCoin 
Tezos 
EOS 
IOTA 
NEO 
Polygon 
Zcash 
Synthetix Network 
Tether Gold 
TrueUSD 
Dash 
Holo 
Zilliqa 
0x Protocol 
Enjin Coin 
Qtum 
Basic Attention 
Siacoin 
Ravencoin 
Bitcoin Gold 
Decred 
NEM 
DigiByte 
Ontology 
ICON 
Nano 
Status 
Hive 
Huobi 
Lisk 
Waves 
Numeraire 
Steem 
Pax Dollar 
BUSD 
OMG Network 
Ren 
Bitcoin Diamond 
Bytom 