Binance.US Will List Algorand (ALGO) and Zcash (ZEC)

Binance U.S will list Algorand (ALGO) and Zcash (ZEC). Trading for ALGO/USD and ZEC/USD trading pairs will open on October 17, 2019, at 9:00pm EST / 6:00pm PST. 

Users can now start deposit both ALGO and ZEC in preparation for trading.

Binance.US is a fast and efficient marketplace providing access and trading across a diverse selection of digital assets. Users will continue evaluating coins, tokens and trading pairs to offer on Binance.US in accordance with our Digital Asset Risk Assessment Framework, community feedback, and market demand.

Risk warning: Buying, selling, and holding cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in significant loss. Binance.US is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies.

What is Binance?

Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Since early 2018, it is considered as the biggest cryptocurrency exchange in the world in terms of trading volume.

Founder

Image result for Changpeng Zhao
Changpeng Zhao, Founder of Binance.

Changpeng Zhao Chinese-Canadian business executive, who is the founder and CEO of Binance, the world’s largest cryptocurrency exchange by trading valume, as of April 2018. Zhao was previously a member of the team that developed Blockchain.info and also served as chief technology officer of OKCoin. 

Understanding the exchange

Primarily known for crypto-to-crypto trading—that is, trading between two cryptocurrency pairs—Binance exchange has gained immense popularity because of its low transaction fees, high liquidity, and additional discounts if users pay in the native BNB cryptocurrency tokens.

Binance is based in Tokyo, Japan. Its exchange services were launched in 2017. It claims high standards of safety and security with multi-tier and multi-clustered architecture and delivers high processing throughput with the capacity to process around 1.4 million orders per second. It supports trading in more than 150 coins, including popular ones like Bitcoin, Ethereum, Litecoin, and its own native BNB tokens, and the list continues to grow.

Source : Binance.US Will List Algorand (ALGO) and Zcash (ZEC)

Other Article : Binance start accepting fiat through Alipay and WeChat

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