Nebulas [NAS] Soars with Binance Listing Announcement

Sagar Saxena
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Sagar Saxena

Sagar Saxena

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Passionate about Blockchain and has been researching and writing about the Blockchain technology for over a year now. Also holds expertise in digital marketing.
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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.
nebulas

Nebulas is going to be listed on Binance exchange at 2018/06/28 08:00 AM (UTC) for NAS/BNB, NAS/BTC and NAS/ETH trading pairs. Huobi.pro, OKEx and Gate.io have also opened trading for NAS. Binance announcement saw a surge in NSA price making it the second highest gainer.

NAS on Binance

The crypto market is currently experiencing the dips as the majority of the coins are down by 3 to 8 percent. However, Nebulas is busy making the gains in today’s red market. The reason for this spike is the announcement made by the popular cryptocurrency exchange Binance. According to the Coinmarketcap, Binance is currently at the 2nd position with the 24-hour trading volume of $890 million.

A couple of hours back, Binance announced the posting of Nebulas on June 28.

 

 

On its official website, Binance details,

“Binance will open trading for NAS/BNB, NAS/BTC and NAS/ETH trading pairs at 2018/06/28 08:00 AM (UTC). Users can now start depositing NAS in preparation for trading.”

Binance also provided an additional important note cautioning to deposit only native tokens, clarifying,

“Please ensure that you are depositing NAS that is native to Nebulas’ own mainnet blockchain. We will not accept any NAS tokens that are ERC20 based. Please do not send ERC20 NAS tokens to your NAS deposit address.”

Also, read: Nebulas [NAS] Partners with Udacity to Identify and Train Talent Through its Scholarship Program

NAS second-highest gainer

Nebulas also shared this news with the community along with other big exchanges like OKEx and Huobi and Gate.io having opened trading for the cryptocurrency.

 

Nebulas is “a next-generation public blockchain, aiming for a continuously improving ecosystem.” A community-based blockchain, it is an open source dApp platform that proposes future-oriented incentive and consensus systems, and the ability to self-evolve without forking.

Just like any listing on prominent exchanges positively affects a cryptocurrency, Nebulas is also surging. At the time of writing, Nebulas is up by 9.22 percent while sitting at $4.99. It is also running positive against BTC and ETH markets with 11.72% and 13.175 respectively.

This surge has placed Nebulas as the second highest gainer at the moment. According to Coinmarketcap, it is at the 44th place with a market cap of over $227 million while managing the daily trading volume of more than $39 million.

What do you think of Nebulas soaring with Binance listing? Will it continue this momentum or not? Share your thoughts with us!

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.

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About Author
About Author
Passionate about Blockchain and has been researching and writing about the Blockchain technology for over a year now. Also holds expertise in digital marketing.