Two zoogmoeder read / March 20,
Binance has announced that it will be listing NEM (XEM) tokens on its exchange verhoging with instant effect.
Related video: Лучший торговый бот, робот MOON BOT для биржи Binance
Announced via a blog postbode on Tuesday morning, Binance said that XEM tokens could now be deposited and traded. The coin will have trading pairs with Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB).
Related video: Huobi Talk: HADAX Chapter 8: STB + The Final Result of HADAX Voting!
The news wasgoed also announced on Twitter:
XEM tokens are among the big winners ter this morning’s trading following the news. According to CoinMarketCap, the coin’s value has gone from around $0.28 at 05:55 GMT, instantaneously prior to the listing wasgoed announced, to $0.34 less than an hour straks. The coin’s value has now lodged back down towards $0.33.
This near 20% bump te valuation means the coin’s market cap has enlargened by almost $500m from $Two.5bn to just under $3bn. Ter early January, the coin had reached a record high of $1.93, providing it a market cap of $17.3bn.
NEM is a development toneelpodium for companies looking to utilise or integrate blockchain technology into their businesses. Very first launching te April and based ter Singapore, NEM has plans for its verhoging to be adopted te a broad multitude of sectors and on its webstek, claims to be te the process of developing NemPay, an online payment application, similar to PayPal.
NEM wasgoed at the centre of the successful cyber-heist against the Japanese exchange, Coincheck, earlier this year. On the 26th of January, Coincheck admitted that hackers managed to illegally transfer 260,000 XEM tokens off the exchange, which at that time wasgoed worth $526m.
The price of NEM tokens almost doubled last week, when Coincheck announced it would start paying out compensation to affected customers.
Based ter Hong Kong, Binance wasgoed also subject to an attempted heist earlier ter March where users’ accounts were hijacked and used them to manipulate the exchange rate inbetween Viacoin (VIA) and Bitcoin. Albeit the hacker’s accounts were quickly frozen, the incident led to a mass sell-off and a 25% druppel across the cryptocurrency market.
Have your say. Sign up now to become an Author!