Binance set to ban few altcoins for its new US platform, and those currencies have already started seeing their trade volume decline rapidly. Around seven months ago Binance announced thirty cryptocurrencies that it was considering listing on the new US exchange. Binance is one of the world’s leading cryptocurrency exchange platforms and has a huge influence on the crypto markets through its policies. Therefore if Binance blocks its US users from trading these cryptocurrencies, their trading volume will decline significantly. This is evident, as statistics show that US traders account for more than one-third of all traffic. Binance’s announcement of