Binance Will Add TUSD Quote Pairs into the USDⓈ Trading Market/Tab
Binance will add the following trading pairs with TUSD as a quote asset into the USDⓈ Trading Market/Tab at 2018/12/07 10:00 AM (UTC):
BNB/TUSD, BTC/TUSD, ETH/TUSD, XRP/TUSD, EOS/TUSD and XLM/TUSD.
Please note: The existing TUSD/BNB, TUSD/BTC, TUSD/ETH trading pairs will be removed and delisted at 2018/12/08 10:00 AM (UTC). All existing orders in each order book will also be canceled at this time.
About Binance: Binance is one of the largest and most liquid alt coin trading platforms with millions of users from over 200 countries. It's only fundable by crypto and it offers easy trading on over 150 different cryptocurrency pairs.
About Binance Coin (BNB): During it's ICO, Binance issued its own token called the Binance Coin, with BNB as the symbol. BNB runs natively on the Ethereum blockchain and follows the ERC20 token standard.The token was established with a total supply of 200 million. As per their whitepaper, Binance plans to use 20% of our profits each Quarter to buyback and burn BNB, until 50% of the total BNB supply (100 million) is burned. The BNB token itself has multiple forms of utility, essentially being the underlying gas that powers the Binance Ecosystem. The current most prominent use cases include using BNB to: - Pay for trading fees on the exchange, obtaining the equivalent of a 50% discount on trades (during the first year). - Monaco has included support for Binance’s BNB token to its platform which includes the Monaco Visa Card and mobile app. - Uplive platform supports BNB to buy virtual gifts. You can use BNB to pay for any fees on their platform, including but not limited to: Exchange fees, Listing fees, and any other fee. When you use BNB to pay for fees, you will receive a significant discount.
Binance Coin (BNB) is down 16% over the past 24 hours and is currently trading at $5.00 USD
About the writer: Ava Lauren
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