Giant Bitcoin and cryptocurrency exchange Binance is listing a new altcoin. Borsa is adding Tranchess (CHESS) to its platform. Impacted by the news of the listing, the altcoin price soared and surged more than 170 percent. cryptocoin.com We have compiled the details for you, let’s examine the subject together…
Binance is listing a new altcoin: Tranchess (CHESS)!
Leading Bitcoin and cryptocurrency exchange Binance is listing a new altcoin. Borsa İstanbul announced that it will add Tranchess (CHESS) to its platform with the following words:
Binance will list Tranchess (CHESS) in the Innovation Zone and will start trading on 22/10/2021 for CHESS/BNB, CHESS/BTC, CHESS/BUSD and CHESS/USDT trading pairs. Users can now start depositing CHESS in preparation for trading. Withdrawals for CHESS will open on 10/23/2021. Note: Withdrawal open time is an estimated time for users’ reference. Users can see the actual status of their withdrawals on the withdrawal page. The Innovation Zone is a special trading zone where users can buy and sell new, innovative cryptocurrencies that are likely to have higher volatility and pose a higher risk than other cryptocurrencies. Before trading in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will be no trading restrictions on trading pairs in the Innovation Zone. Risk warning: Cryptocurrency trading is subject to high market risk. Please do your transactions carefully. Binance will do its best to select high-quality cryptocurrencies, but will not be liable for your trading losses. Thank you for your support!
With the effect of the listing news, the price of crypto money flew!
In the continuation of its statements, Binance points out that crypto money is a relatively new altcoin with high risk:
CHESS is a relatively new cryptocurrency with higher-than-normal risk and therefore will likely be subject to high price volatility. Please make sure you practice adequate risk management, do your own research on the fundamentals of CHESS, and fully understand the project before trading. CHESS Listing Fee: 0 BNB.
Impacted by the news of the listing, the altcoin price soared and surged more than 170 percent. Tranchess (CHESS) continues to rise at the time of writing.
Tranchess (CHESS) why?
Tranchess is a derivatives trading protocol and tokenized asset management platform on Binance Smart Chain (BSC). CHESS is the protocol’s management token and can be used to vote on governance proposals. CHESS holders will also receive 50% of the fees generated by the protocol as weekly discount rewards.
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