Binance, one of the most popular crypto exchanges, temporarily disabled new users registrations. Binance said that due to the overwhelming surge in popularity it shut down signups to allow for infrastructure upgrade. It did not say for how long Binance suspended new registrations.
Meanwhile, Kucoin, a new crypto exchange star, keeps on shining with its latest additions to its trading portfolio. In its latest addition on January 8 CanYaCoin (CAN) token joined a list of tradable tokens. Kucoin like Binance has one of the lowest fees for trade – it charges 0.1% from the asset you bought. Deposits are free. Binance also offers 50% discount if you trade with BNB.
Binance is led by Changpeng Zhao. Binance’s managers have experience in both wall-street and crypto finance. Binance says it is capable of processing 1,400,000 orders per second. Meanwhile, Kucoin was founded by a group of blockchain enthusiasts.