Binance, the world’s largest cryptocurrency exchange, will list Cosmos (ATOM). Binance users can now start depositing ATOM while preparing to trade.
Binance founder and CEO Changpeng Zhao announced this on April 28, 2019 via his Twitter handle.
CZ said, “Here is a project that refused to even discuss listing with an exchange (and we have a good relationship with their technicians) but we are listing it anyway. Good technology wins! “
Here’s a project that refused to even talk to an exchange about listing (and we have a good relationship with their technicians) but we’re listing it anyway.
Good technology wins! Https: //t.co/Zu0uQZuGH6
– CZ Binance (@cz_binance) April 28, 2019
Trading for the trading pairs ATOM / BTC, ATOM / BNB and ATOM / USDT will open for users of the Binance exchange from April 29, 2019 at 4:00 a.m. (UTC).
Kraken Exchange listed Cosmos (ATOM)
Cosmos (ATOM) is experiencing steady growth, which analysts refer to as the beginning of transformation. Cosmos’s recent listings have increased its popularity in the cryptosphere and around the world.
A US-based cryptocurrency exchange, Kraken, announced the listing of Cosmos (ATOM) on its official website a few days ago. The listing reportedly had an immediate positive impact on the market price of the digital asset.
CGEX Exchange listed cosmos (ATOM)
CGEX, Coinone’s BTC market provider and its global subordinate, also publicly announced the listing of Cosmos (ATOM) about two months ago.
In response to the listing, Kevin Cha, CEO of Coinone said, “When we list cryptocurrencies, Coinone carefully examines what innovative contributions the project can make to the blockchain ecosystem,” Cha continued. “We believe Cosmos can help expand the blockchain industry by connecting blockchains. For the same reason, we supported investors at the Cosmos ICO in 2017 by simply participating in the ICO. “
Also Read: Cosmos (ATOM) Price Explodes After Listing On The Kraken Exchange. More growth?
Interesting facts about the cosmos (ATOM)
Cosmos (ATOM) is a secure and scalable blockchain ecosystem in which thousands of DApps (decentralized apps) work together to initiate a new token economy.
As a decentralized network, Cosmos consists of independent parallel blockchains powered by Byzantine fault tolerant (BFT) consensus algorithms such as Tendermint.
Cosmos Hub, also called Internet Blockchain, is the first blockchain introduced on the Cosmos network, the main purpose of which is to connect other blockchains in the ecosystem. It enables the safe and fast transfer of tokens from one zone to another.
What is Binance Exchange?
Binance is known as the largest cryptocurrency exchange that has over 45 digital coins on its trading list, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and several other large and small cryptocurrencies.
The Binance exchange is notable for its trading between two cryptocurrency pairs and gains its great importance and popularity from its high liquidity, discounts when users pay in BNB tokens, and relatively low transaction fees.