After unveiling its exchange in the US, Binance cryptocurrency exchange embarked on listing different assets on its US-based exchange to ensure traders have a variety of tokens. In the same spirit, Binance.US is closing this month with the addition of two tokens. The two new tokens are Neo (NEO) and Cosmos (ATOM), and per Coin360 data, they are top-20 well-performing tokens and now are available on Binance.US.
According to its announcement, the two coins will go live on the exchange at 9:00 pm EST and 6:00 pm PST, respectively. However, not all features will be activated. Once the tokens are available, traders can only make deposits in anticipation of trading. Binance.US has temporarily prevented trading of the two new tokens.
Trading Pair Available For the Two New Tokens
Instead of just adding new tokens, Binance.US is giving you their esteem customer the new tokens in two different trading pairs. For NEO token, Binance.US has paired it as follows NEO/USDT and NEO/USD. On the other hand, traders can make their investments in ATOM token via ATOM/USDT and ATOM/USD trading pairs. With that, one can choose their favorable trading pair and proceed to initiate trades on Binance.US exchange.
However, one can still spread their investment in many other new tokens. Apart from ATOM and NEO, Binance.US also added other new tokens this month. Some of them include Dash, Zcash, Dogecoin Waves, and Algorand.
As Binance.US prepares to list the new two coins, across the border, its parent firm Binance also went into a new partnership with Blockstack’s to make its native token available in its exchange. The deal was signed early this week and saw Binance get 833,333 STX valued at $250,000. With the tokens in its hands, Binance can go ahead to list the tokens on its exchange. The tokens come with a market value of $0.30.
However, the $250,000 paid to Binance shouldn’t be mistaken as a listing fee Binance is charging Blockstack. Per the agreement, the amount is a long-term market payment and its Blockstack’s initiative. Through the tokens, Blockstack is making its entry into the US market after getting its Regulation A+ license from the SEC. Besides Binance, STX tokens will also be available on Hash key Pro an institutional crypto exchange.