Bitcoin on $3K discount at Binance.US, but there’s a catch
Bitcoin is selling for just over $27,500 on Binance.US, a nearly $3,000 discount from global spot prices. Bitcoin (BTC) is selling for a nearly $3,000 discount on Binance.US, providing a significantly better rate than global spot prices — but there’s just one catch . On July 9, a swathe of crypto users began noticing a widening price discrepancy between cryptocurrencies listed on the United States crypto exchange and their global spot prices, with many calling it a “depeg” of cryptocurrencies. BTC/USD charts on Binance.US shows a current price of $27,536 . Source: Binance.US Bitcoin is currently trading at $27,536 on the exchange against the U.S. dollar, which is around an 8.5% discount from global spot USD prices of $30,106 at the time of writing. Other cryptocurrencies are also trading at a discount in U.S. dollar terms. Ethereum prices are around $200 cheaper on Binance.US, trading for $1,695 at the time of writing. Some stablecoins such as USDT were also trading below their pe...