Binance U.S. Adds Buying Capabilities On Stellar (XLM) And 0x (ZRX)

23 May, 2020 Updated 21 Jul, 2022

By Lujan Odera

Contributor

Been in the field since 2015 and he still love everything blockchain and crypto! FC Barcelona fan. Author and journalist. Follow him at @lujanodera.

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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Binance adds XLM and ZRX direct buys

In a tweet released by Binance US official Twitter page of Friday, May 22, 2020, XLM and ZRX will be the latest crypto assets to join the American exchange. The two join a list of 12 tokens already on the platform including Bitcoin (BTC), Ethereum (ETH), Basic Attention Token (BAT), XRP, Tezos (XTZ), Chainlink and Algorand (ALGO).

We have added $ADA and $ZRX to the Buy Crypto experience, bringing the total to 14 tokens! Which token(s) should we add next?

— Binance.US 🇺🇸 (@BinanceUS) May 22, 2020

The growing number of assets on the highly regulated exchange, specially created for US-based customers, aims at increasing liquidity and participants on the exchange. The exchange also stated its plans to add more cryptocurrencies in the coming future.

Binance US is also increasing its efforts in developing staking capabilities for POS mechanism blockchain tokens. In March, the exchange announced staking support for Cosmos (ATOM) users on the platform.

The announcement however did not cause a buying fever on the tokens. As at the time of writing, ZRX trades at $0.334665, representing a 2.2% increase in the past 24 hours. Stellar (XLM) gained 4.33% in the past day to trade at $0.068630, as at the time of writing.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.