Crypto Exchange Binance To List New Low-Cap Altcoin Project Built on Cosmos (ATOM)
The world’s largest crypto change by buying and selling quantity, Binance, is asserting plans to checklist a brand new altcoin constructed inside the interoperable blockchain ecosystem Cosmos (ATOM).
Based on a brand new announcement, Binance is planning to checklist Neutron (NTRN), a challenge that goals to be a “cross-chain smart-contracting platform.”
As acknowledged by Binance,
“Neutron permits builders to simply construct cross-chain purposes over Inter-Blockchain Communication Protocol (IBC) and offers DeFi (decentralized finance) dApps (decentralized purposes) with the complete financial safety of the Cosmos Hub.”
Binance will help spot buying and selling pairs for NTRN, together with NTRN/USD, NTRN/BTC and NTRN/BNB.
Based on the announcement, a seed tag can be utilized to NTRN. Binance says that tokens with a seed tag would require customers to go quizzes each 90 days to make sure they’re conscious of the dangers earlier than buying and selling the tokens. The brand new system will substitute Binance’s “Innovation Zone,” which was reserved for newer tasks which will have larger volatility and decrease liquidity.
“The Seed Tag will substitute the Innovation Zone, and be utilized to all tokens presently listed within the Innovation Zone in addition to future listings that symbolize progressive tasks which will exhibit larger volatility and dangers in comparison with different listed tokens.”
On the identical time, Binance introduced that NTRN could be featured in Binance’s Launchpool.
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