The Binance news scared a lot of people, the closing of their exchange in the US means a lot of coins will lose volume. But all hope wasn't lost, Binance came out with news that they'd be opening a new exchange here in the US and while this gave me hope, it still frightened me to a certain extent, especially since the majority of my portfolio is in Nano.

My fear was that Binance US wouldn't support Nano and that would create a huge selloff of the project, thus lowering the price. It got to the point where I even came close to letting my Nano go, that's how much impact I thought Binance had. Ultimately, I decided against this, I worked hard to get my position in Nano and I was going to ride whatever wave was thrown at me. With that being said, the list came out... and Nano wasn't on it. In fact, no coins were really on it and the market was pretty much unaffected.

It then hit me, Binance was popular, but there are other platforms out there that are just as good and what made me even happier was seeing that Nano is listed on them all. The same probably goes for your coin, if you're invested in a project then look and see where else it's supported. You may find a new exchange or even a fiat supported on-ramp.

For me, the new exchange was KuCoin. Think of it as Binance, but more colorful and without CZ, which is probably a good thing. I chose them mainly because of how reliable they have been. I remember during the 2017 bull run KuCoin was the go-to place for all the new projects. They had so much traffic and the site never went down. That's exactly what I'm looking for when it comes to an exchange, somewhere safe and reliable.

They also support BNB, if you're someone who has a position in Binance Coin then you can simply send it over and swap it out for KuCoin Shares, this coin works just like BNB, except if you keep KCS you get a dividend. If you want to read more about this, then you can do so here.

Not on KuCoin yet? No worries, simply sign up here! Oh, and in my opinion, you might want to jump on some KCS before the train takes off... not financial advice, just my personal opinion.

Outside of KuCoin, what exchanges will you guys be using that Binance is down? Let me know in the comments down below.