Binance, the world’s largest cryptocurrency exchange by trading volume, has announced its intention to list Holo (HOT), the native token of the Holochain project. The announcement was made on July 2, 2018, on the official Binance website.
This news comes as a surprise to many in the cryptocurrency community, as Binance has been known to list mostly major coins such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). Holo is a much smaller project with a market capitalization of only $133 million at the time of writing.
The listing of Holo on Binance is significant for several reasons. First, it shows that Binance is willing to list tokens from smaller projects that may not have the same level of name recognition as the major coins.
NOTE: WARNING: Binance does not currently have a listing for the Holochain (HOT) token. Please do your own research and exercise caution when dealing with cryptocurrency. Trading in cryptocurrency carries a high degree of risk and may not be suitable for all investors.
Second, it gives Holo a much larger platform for trading and increases its liquidity.
Third, and perhaps most importantly, the listing of Holo on Binance could be a sign that Binance is preparing to add support for other tokens built on alternative protocols such as Holochain. If this is the case, it would be a major development for both Binance and the cryptocurrency ecosystem as a whole.
At this time, there is no official word from Binance on whether or not they have plans to add support for other tokens built on alternative protocols such as Holochain. However, given their recent announcement to list Holo, it seems likely that they are at least considering it.
Only time will tell if Binance decides to add support for Holochain or not.
9 Related Question Answers Found
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has announced its support for Holo (HOT), the native token of the Holochain project. Binance will list HOT/BNB, HOT/BTC and HOT/USDT trading pairs on its platform at 2019/04/29 10:00 AM (UTC). Holochain is an open-source framework for building decentralized applications (dApps).
Binance is a digital asset exchange that facilitates trading of cryptocurrencies. The company is headquartered in Malta and was founded in 2017. Binance has a number of features that make it attractive to users, including its user-friendly interface, low fees, and fast transaction processing.
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Binance, one of the world’s largest cryptocurrency exchanges by trading volume, does have a mobile app. The Binance app is available for both iOS and Android devices and can be downloaded from the App Store or Google Play, respectively. Once installed, users can access all the same features that are available on the desktop version of Binance, including trading cryptocurrencies, viewing real-time price charts, depositing and withdrawing funds, and more.
Binance, the world’s largest cryptocurrency exchange by trading volume, has a mobile app. The app is available on both iOS and Android devices and can be downloaded from the App Store and Google Play, respectively. The app has all the features that are available on the desktop version of the exchange, such as trading, managing portfolios, accessing market data, and more.
Binance, the world’s largest cryptocurrency exchange by trading volume, does not currently offer a portfolio feature. This is a bit surprising, given that most other major exchanges do offer some form of portfolio management. However, Binance has hinted that they may eventually offer this feature.
Binance, one of the world’s largest cryptocurrency exchanges, does have a wallet address. This is because Binance is built on the Ethereum network, which uses addresses to send and receive ETH and other ERC20 tokens. The Binance wallet address can be found in the “Deposit” section of the Binance website.
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