Binance is one of the most popular cryptocurrecies exchanges in the world and is currently among the top 20 exchanges in terms of volume. It is associated with strong volume in pairs like BNB/BTC, ETH/BTC, GAS/BTC and NEO/BTC. The past few months have witnessed the cryptocurrency exchange gain great momentum.
The listing of the Theta Token
The listing of Theta Token [THETA] is one of the most exciting announcements Binance has made in a long time. A person well conversant with the matter has disclosed that it is designed to reward the various users who share their resources and bandwidth with Theta network and viewers as well. The minimum withdrawal currently stands at 48 and the transaction fee has been projected to be 24 THETA by one of the officials working with the exchange.
It was a few days back that Binance unveiled trading for EOS/USDT and EOS/BNB trading pairs and listed Skycoin [SKY] and Civic (CVC).For over a period of one week the coin had been trading at about $0.17.The latest announcement saw the coin rally to $0.24 and that was fundamentally breaking the 30th May $0.20 barrier.
The impact of cryptocurrency
In the meantime at the 91st rank on the crypto charts, in the past 24 hairs Theta has witnessed an upsurge of 32%.It traded at $0.24 and that was with an associated $155 million in terms of the market cap. A crypto enthusiast called Roy Rodriguez, was quite pleased to have gotten some Theta.
However, he expressed concerns in line with a number of terrible projects bringing the whole crypto industry to its knees. The destruction of such an industry means that the investors will be affected as well considering that exchange won’t exist anymore.
Most of the people investing in cryptocurrency attest to the fact that it has impacted their finances in a positive way. They all agree that crypto is the future and they base their judgment on the fact that it is currently helping solve a lot of problems.
However, there is a pessimistic group that sees it as merely a bubble. The good thing is that anyone that needs to build his or her own cryptocurrency portfolio doesn’t have to understand everything to do with the way the whole thing works.