Hot Development: Binance Lists Altcoin Everyone Speaks!
Leading Bitcoin and cryptocurrency exchange Binance announced it will list a new altcoin. The stock market announced today that it will add Compound (COMP) crypto money to its platform.
Binance announced it will list a new altcoin
The leading Bitcoin and cryptocurrency exchange Binance has announced that it will list a new cryptocurrency. Binance adds Altcoin, Compound (COMP), to its platform today. The official statement of the stock exchange regarding the subject is as follows:
BINANCE WILL LIST COMPOUND (COMP) AND COMP / BTC, COMP / BNB, COMP / BUSD AND COMP / USDT TRADING PAIRS AS OF 25.06.2020. USERS CAN NOW START DEPOSITING COMP ON THE STOCK EXCHANGE TO PREPARE FOR TRADING. WHEN TRADING WITH NEWLY LISTED TOKENS, PLEASE BE SURE TO MAKE AN ADEQUATE RISK ASSESSMENT, AS THEY ARE OFTEN EXPOSED TO HIGH PRICE VOLATILITY. RISK WARNING: CRYPTOCURRENCY TRADING IS SUBJECT TO HIGH MARKET RISK. PLEASE BE CAREFUL WITH YOUR TRANSACTIONS. BINANCE WILL MAKE THE BEST EFFORT TO CHOOSE HIGH-QUALITY CRYPTO COINS, BUT WILL NOT BE RESPONSIBLE FOR YOUR TRADE LOSSES. THANKS FOR YOUR SUPPORT!
Compound (COMP) fell sharply after 260 percent rally
Binance states that the listing fee for Compound (COMP) is 0 BNB in the cryptocurrency listing announcement. Compound, which has become very popular in recent days, has become an important part of the DeFi world. The Compound provides the opportunity to borrow and lend money without the need for an intermediary.
Compound (COMP), which has gained more than 260 percent in recent days, has become the most talked about altcoin by crypto investors. However, later, altcoin experienced a 40 percent correction. At the time of writing, Compound (COMP) was trading at $ 224, a drop of 4 percent. You can click here to learn more about cryptocurrencies called Compound (COMP) .