Binance, the world‘s largest cryptocurrency exchange has announced that it will be using its token BNB as a 7th coin on its US platform.
The first phase of the exchange now will include seven coins instead of six as the crypto exchange has decided to add its own coin along with other coins.
With registrations for https://t.co/AZwoBOy3iq opening today, we are proud to announce one addition to our Phase 1 digital asset offerings. $BNB deposits will open along with registrations today!#BinanceUS🇺🇸 pic.twitter.com/OonO9rSX1O
— Binance.US (@BinanceAmerica) September 18, 2019
Users have expressed their excitement after hearing the news of the addition of BNB on the Binance platform by tweeting. A user of cryptocurrency by the name of Cryptos Batman says that all token holders of the BNB coin were waiting for this moment and now with the launch of the native token of the exchange, they will be available on the exchange with their BNB tokens.
$BNB is ready to be traded on https://t.co/THS3SLgCkr from the time it launches! This is what all the BNB holders has been waiting for to see!$BNB will be launched with $USD and $USDT trading pairs. The same also for $BTC $ETH $XRP $BCH and $LTC.
Binance strikes again! ⚡️ pic.twitter.com/4SNJOcGZ4h
— CryptosBatman ⚡ (@CryptosBatman) September 18, 2019
CEO and Co-Founder of Binance, Changpeng Zhao has confirmed the news of the development of the coin.
— CZ Binance (@cz_binance) September 18, 2019
Before this announcement, the crypto exchange was supporting the six coins including Bitcoin (BTC), Ether (ETH), XRP, Bitcoin cash (BCH), Litecoin (LTC) and Stablecoin Tether (USDT). But now they have included the seventh coin that is BNB.
The native token of Binance exchange will be available with two trading pairs which are $USD and $USDT. The other coins such as $BTC $ETH $XRP $BCH and $LTC will also have the same trading pairs on the exchange platform.
With the addition of the native coin of Binance, the investors and traders and the users of cryptocurrency will now have a chance to trade with BNB coin as well on the world’s largest crypto exchange Binance.