Binance, Exchanges

Which New Coins Are Coming to Binance?

Binance, the world’s largest cryptocurrency exchange by trading volume, is adding new coins to its platform on a regular basis. Here are some of the most recent additions:

EOS:

EOS is a blockchain platform for developers to build decentralized applications (dApps). It has been described as a “decentralized operating system” and utilizes a unique consensus algorithm called Delegated Proof of Stake (DPoS).

EOS launched its mainnet in June 2018 and has since become one of the most popular dApp platforms. Binance added EOS trading pairs in October 2018.

XRP:

XRP is the native token of the Ripple network, a blockchain-based payments platform that is designed to be faster and more efficient than traditional banking systems. Ripple has been adopted by several major financial institutions and is being used to facilitate cross-border payments.

Binance added XRP trading pairs in November 2017.

BNB:

BNB is the native token of the Binance cryptocurrency exchange. Holders of BNB can receive discounts on trading fees and use BNB to pay fees on the Binance DEX (decentralized exchange).

NOTE: WARNING: Investing in new coins coming to Binance is a risky endeavor. Before you invest, make sure you do your own research and understand the potential risks and rewards associated with investing in new coins. Be aware that there may be scams or other malicious activities associated with certain new coins, and never invest more than you are willing to lose.

Binance plans to use part of its profits each quarter to buy back and “burn” BNB tokens, reducing the total supply over time. Binance added BNB trading pairs in July 2017.

BCHABC:

BCHABC is one of two competing versions of Bitcoin Cash (BCH), a fork of Bitcoin that was created in August 2017. The two versions – BCHABC and BCHSV – have different visions for the future of Bitcoin Cash.

Binance added BCHABC trading pairs in November 2018.

LTC:

Litecoin is a cryptocurrency that was created as a fork of Bitcoin in 2011. It is designed to be faster and more lightweight than Bitcoin.

Litecoin is often referred to as “digital silver” while Bitcoin is considered “digital gold.” Binance added LTC trading pairs in May 2017.

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