SAND, the native token of the Terra project, has been listed on Binance US, one of the world’s largest cryptocurrency exchanges. The SAND token is now available for trading on Binance US against USDT, BTC, and ETH.
The Terra project is a decentralized stablecoin ecosystem that enables real-time payments with zero transaction fees. The project is powered by a new blockchain called the Terra Blockchain, which uses a novel Proof-of-Stake (PoS) consensus algorithm called Tendermint Core.
The SAND token is the native token of the Terra ecosystem and is used to power the network’s transactions. The SAND token is also used to stabilize the value of the Terra stablecoins.
NOTE: WARNING: There is no asset on the Binance exchange called SAND. Please be aware of potential scams and only buy assets that are listed on the Binance exchange.
The listing of SAND on Binance US comes as a major boost to the Terra project, which has seen rapid adoption in recent months. The addition of SAND to Binance US will make it easier for users to buy and sell the token, and will also increase its liquidity.
The listing of SAND on Binance US is also a vote of confidence in the project from one of the world’s leading cryptocurrency exchanges. Binance US is a subsidiary of Binance, one of the largest cryptocurrency exchanges in the world with a daily trading volume of over $1 billion.
The listing of SAND on Binance US is a positive development for the project and will likely lead to more adoption and use of the Terra network.
10 Related Question Answers Found
SAND is the native token of the decentralized finance (DeFi) protocol Terra. Binance is a digital asset exchange with a wide variety of digital assets available for trading. As of now, SAND is not available on Binance.
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