The Crypto Exchanges are playing a significant role in the growth of a coin or a token. These exchanges provide a plenty of offers to attract traders. Currently, binance is one of the fastest and largest crypto exchange which offers a wide variety of tools for engaging with digital asset markets. It supports approx 375 cryptocurrencies now and has the capacity to process 1.4 million orders per second. Secondly, binance has the most advanced security features which really increase the trust of companies and traders. Below are the main reasons why every crypto company want their coin to listed on binance.
• Highly Secure Exchange
• A large Number of active traders
• Low trading fee i.e. 0.1%
• User-friendly interface
• Mobile Application Available
• Large cryptocurrencies supported
• Very Active team
I would like to share some coins growth analysis which was recently listed on binance. How these coins got the major pump after listing on binance.
Dent Coin (DENT)
The Dent token was listed on Binance exchange on dated 06-July-2018 07.00AM (UTC). Before enlisting, the price of one unit was 48 Satoshi ($0.003147). Now you can see the chart below, which is sourced from CoinMarketCap.com, how the price went up just after the trading started. The price reached 138 Satoshi (0.009070) at one point, approximately 187.5%.
Selfkey (KEY)
The Selfkey(KEY) token was listed on Binance exchange on dated 27-June-2018 06.00AM (UTC). Prior enlisting, the price of one unit was 128 Satoshi ($0.007784). Now have a look at the chart. The price touched 616 Satoshi (0.039329) at one point, which is approximately 381.25%.
Pundi X (NPXS)
The Pundi X(NPXS) token was listed on Binance exchange on 27-June-2018 06.00AM (UTC). Before enlisting, the price of one unit was 128 Satoshi ($0.007784). Now have a look at this chart. The price touched 616 Satoshi (0.039329) at one point, which is approximately 381.25%.
Bytecoin (BCN)
Last but not the least is the Bytecoin(BCN) coin. It was listed on Binance exchange on 08-May-2018 and pumped sharply as soon as the trade started. On 06-May-2018, the price of one BCN was 59 Satoshi ($0.005475), as per below chart. The price raised to 194 Satoshi (0.018040) for a moment, which was approximately 228.81%.
Conclusion
The Binance has shown phenomenal growth from the past 8 months during the bearish period as well. That is why Binance is one of the favorite exchange for the crypto traders today. In last, I would like to advise you that keep an eye on coins which are going to be enlisted on Binance or any other big exchanges so that you can maximize your profit. You can explore this link for the recent update of Binance or subscribe their official tweeter account.
What are your opinions? There may be a big list but we need only top 10-15. So friends, do share your views in the comment section so that we can get the final list.
Disclaimer: The above information is not an endorsement for any specific crypto exchange. Cryptocurrencies are highly speculative and involve huge risks. Performance is always unpredictable and there is no guarantee of future performance.
