Home Binance Binance Convert Function Adds Eight New Crypto Assets

Binance Convert Function Adds Eight New Crypto Assets

  • Binance in terms of trading volume (1.2 Billion average daily volumes) considered the biggest cryptocurrency exchange in the world.
  • Binance allows the exchanging of crypto assets like Bitcoin, Ethereum to other crypto assets in the market, which is enlisted in their site.

Binance is a global cryptocurrency exchange that provides a trading platform for over 100+ cryptocurrencies. Binance in terms of trading volume (1.2 Billion average daily volumes) considered the biggest cryptocurrency exchange in the world.

Since its launch in early 2018, it has been kept on advancing in the cryptocurrency market and giving users or the leading players of this field a common platform to use trade or store cryptocurrencies.

Binance also allows the exchanging of crypto assets like Bitcoin, Ethereum to other crypto assets in the market, which is enlisted in their site. Binance provides almost all the leading crypto assets in the market and even shows a detailed evaluation of it.

Recently in its exchange conversion function, it added eight more crypto assets, which are-

  1. ETH – Ethereum a global, decentralized platform for money and Dapps (decentralized application).
  2. BNB – Binance coin is its platform’s cryptocurrency.
  3. XRP – Ripple a payment protocol that provides fast, frictionless cross-border payment with nominal fees.
  4. LTC – Litecoin a peer-to-peer cryptocurrency based on the bitcoin protocol but differs in the hashtag algorithm it uses.
  5. TRX – TRON represents the blockchain-based operating system architecture.
  6. ADA – Cardano a decentralized platform that will allow complex programmable transfers of value securely.
  7. XLM – Stellar a decentralized protocol that enables you to send money to anyone in the world.
  8. XVG – Verge a secure and anonymous cryptocurrency.

Now users can also trade in these enlisted crypto assets along with the existing crypto assets it provides. The market price will decide the converting ratio.

Download our App for getting faster updates at your fingertips.

en badge web generic.b07819ff

Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

We Recommend

Top Rated Trading Platforms

Top Rated Cryptocurrency Exchange

Partners

Must Read

Top Banking Regulator describes Benefits of Bitcoin and Cryptocurrency to US Senate

The cryptocurrency has become a famous instrument for sending and accepting installments for merchandise and ventures since exchanges post progressively and give...

Is Monero Entering Into a Potential Consolidation Phase After Retracing From $125?

Monero is unable to revive its positive momentum after a sharp negative divergence from the price level of $125.00The XMR/BTC pair is...

Take Out a Crypto Loan with Bitfinex Borrow

Bitfinex Borrow enables borrowers to use crypto holdings to secure a crypto loan that can be used for trading or be withdrawn...

XRP Bulls Unable to Hold Levels Above $0.260 Signaling for Potential Consolidation

XRP price levels were able to break above the crucial mark of $0.260 on Tuesday's market session as the community had buy-back...

EagleFx Services Review

Headquartered at the Commonwealth of Dominica, Eaglefx was formed in 2019 with a vision to ease trading for its customers and give...

Coinmerce Registered at the Dutch Central Bank

Coinmerce can proudly announce that we have been added to the crypto register of the Dutch central bank on November 9th, 2020. Of...

Related News

Cryptocurrency Akoin of “Cryptographic Urbanization Plan”, a significant advance in the serious clinical territory of ​​West Kenya

Akon and MMTC author Julius Mwale said in a joint assertion, "MMTC's presentation of Akoin makes way for a huge number of...

Binance as the Leader of Spot and Derivatives

Binance has again surpassed its competitors in terms of spot tradingBinance achieved a volume of $164.8 billion from only the derivatives market

Paypal to start Crypto Service: CEO Discloses Expanded Limits, Venmo Rollout, and Expansion Plans

The organization is presently rolling out crypto usefulness to U.S. clients, after which it will dispatch the administration globally and on the...

Virtual Currencies can be Considered as Trade Fund- Iran’s Central Bank

Iranian Government is suffering from a shortage of foreign currency and so planning to promote imports by giving permission to use virtual...

Jeremy Allaire, Co-Founder & CEO Circle Keen on using PayPal to Buy Bitcoin

PayPal announced that both direct payment and in-app purchase of cryptocurrencies would officially launch by next year on their platformThere is no...