Despite the shattering crypto market, Binance spotted as the only exchange ruling crypto market with fortunate trading volume. The exchange has recently announced new trading pairs to Cardano (ADA) and NEO (NEO) which consequently hit trading on March 27.
Per the announcement, Binance exchange will list Cardano ADA with pairs of ADA/PAX, ADA/USDC, and NEO as NEO/PAX and NEO/USDC. The blog further reads that the trading of ADA and NEO with these pairs will begin on March 27 at 4:00 AM (UTC).
— Binance (@binance) March 26, 2019
New Trading Pairs to Cardano (ADA) and NEO (NEO)
Like Binance, Cardano or ADA is the sole coin that blinks green among top 20 cryptocurrencies. Following the announcement of new trading pairs, ADA is up with 0.18% within a couple of hours and managed to trade at the value $0.06 against US Dollar.
Nevertheless, the quick look at the ADA’s trading volume reveals that the Binance exchange contributes significant trading. As such, ADA with USDT and BTC performs higher than other exchanges including Huobi global, ZBG, UPbit, HitBTC, Bithumb and unlike.
With Cardano, NEO, the 17th largest cryptocurrency will also trade with new pairs on Binance exchange. Anyone with PAX and USDS holdings can hit Binance to buy/sell/trade NEO cryptocurrency. At the moment, the NEO token is trading at $8.93, declining with 2.64 percent over the past 24 hours.
What do you think about Binance adding new trading pairs to ADA and NEO? Do you think it influences the value of these cryptocurrencies? Share your thoughts with us
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Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com