Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has announced that it will be adding support for Electroneum (ETN). This news comes just days after Binance revealed that it would be launching its own decentralized exchange (DEX).
With the addition of ETN, Binance now supports a total of 30 cryptocurrencies. The other 29 are: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), XRP, EOS, Stellar (XLM), NEO, Cardano (ADA), TRON (TRX), IOTA (MIOTA), Monero (XMR), Dash, Zcash, 0x, NEM, Waves, GAS, Qtum, OmiseGO, SNT, BNT, KNC and BCD.
Binance is one of the most popular cryptocurrency exchanges in the world and is frequently ranked as the number one exchange by trading volume. The addition of ETN to the platform is significant as it gives the coin increased exposure to a wider range of investors.
NOTE: No, ETN is not a Binance. ETN (Electroneum) is a cryptocurrency, not an exchange. It is a digital asset issued by the Electroneum Ltd. company, and it is primarily used for payment transactions. You cannot purchase or sell ETN on Binance, or any other exchange for that matter.
ETN is a mobile-based cryptocurrency that can be mined using a smartphone. It was developed with the aim of bringing cryptocurrency to the masses and has been successful in gaining adoption in developing countries.
The partnership between Binance and Electroneum is a positive development for both companies. For Binance, it adds another high-quality project to its platform and gives users more choice.
For Electroneum, it provides increased exposure and access to a larger pool of potential investors.
10 Related Question Answers Found
Binance is a cryptocurrency exchange that launched in 2017. Since launch, Binance has grown to become one of the largest exchanges in the world. Binance is known for its low trading fees, wide range of coins available, and its fast and secure platform.
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The short answer is no. ANC is not a Binance. However, the two have some similarities.
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Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. TXL is not a Binance. Binance is a cryptocurrency exchange that was founded in 2017.
