Binance Lists A New DeFi Altcoin Project: Price Jumps!

Giant Bitcoin exchange Binance is listing a new altcoin. The exchange will add Alchemix (ALCX) to its platform. With the news of the listing of the stock market, the price of the cryptocurrency rose sharply. cryptocoin.com We have compiled the details for you, let’s examine the subject together…

Binance is listing a new altcoin: Alchemix (ALCX)!

The famous Bitcoin exchange Binance is listing a new altcoin. The stock market made the following statement on the subject:

Binance will list Alchemix (ALCX) and open trading for ALCX/BTC, ALCX/BUSD and ALCX/USDT trading pairs on 30.11.2021. Users can now start depositing ALCX in preparation for trading. Withdrawals for ALCX will open on 01.12.2021. Note: Withdrawal open time is the estimated time for users’ reference. Users can see the real status on the withdrawal page. ALCX Listing Fee: 0 BNB. Risk warning: Cryptocurrency trading is subject to high market risk. Please do your transactions carefully. You are reminded that Binance is not responsible for your trading losses. Thank you for your support!

Alchemix (ALCX) saw a spike in price with the news of the listing. Cryptocurrency has increased by more than 20 percent. The upward trend continues at the time of writing.

What is Alchemix (ALCX)?

Alchemix is ​​a DeFi protocol that allows the creation of synthetic tokens that represent the future return on a deposit. ALCX is Alchemix’s native token and is used for protocol management and liquidity mining.

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