I'm beginning to notice that usa citizen don't have options as a trader. Kraken is deeply illiquid from what I saw on the charts today, and coinbase has insurmountable fees. We've been banned from everything and kicked off everything. Krakens fees are too high also unless you are churning a several thousand dollar position a dozen times a day you can get a volume discount (which would work for me) but its pointless without the liquidity.
I honestly don't know where people trade at anymore, or how a us citizen even could effectively trade in this market with all the options we've had taken from us.
US is the is ranked 1 as the biggest cryptocurrency possesions before china, so i think making the exchanges that only for US users is good decission since the volume of their daily trades will be already so high. Just like binance for creating binance US and other exchanges that make US exclusives exchange.
The reason why BInance launched a separate exchange for US customers as BInance US due to regulatory issues.
Creating separate exchange for US customers doesn't give any assurance of people will use your exchange when more exchanges with a good reputation are already existing but you will face the regulatory issues just like any other exchange.