BAM Trading and Binance in the Heart of Crypto Trading Amid Regulatory Challenges
Too Long; Didn't ReadBAM Trading and Binance, under Changpeng Zhao's control, have effectively run the Binance.US Platform since its launch in 2019. They share responsibilities, with Binance initially managing trading functions and later transitioning certain tasks to BAM Trading. This partnership involves proprietary technology usage, non-discretionary price-time priority trading rules, and additional services such as the OTC Desk, OCBS, and Convert options. Sigma Chain often serves as a key counterparty in these services.