Giant Bitcoin and cryptocurrency exchange Binance is listing a new altcoin. The exchange adds BinaryX (BNX) to its Innovation Zone platform. With the listing announcement of the stock market, the altcoin price skyrocketed. cryptocoin.com We have compiled the details for you, let’s examine the subject together…
Binance is listing a new altcoin: BinaryX (BNX)!
Leading Bitcoin and cryptocurrency exchange Binance is listing a new altcoin. The stock market made the following statement on the subject:
Binance will list BinaryX (BNX) in the Innovation Zone and open trading for BNX/BNB, BNX/BTC, BNX/BUSD and BNX/USDT trading pairs as of 04/11/2021. Users can now start depositing BNX in preparation for trading. Withdrawals for BNX will open on 05.11.2021. Note: Withdrawal open time is an estimated time for users’ reference. Users can see the actual status of the withdrawal on the withdrawal page. BNX Listing Fee: 0 BNB. 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 listing announcement of the stock market, the altcoin price skyrocketed. BNX price is up more than 130 percent and at the time of writing this upward trend continues.
Binance points out that BNX is a relatively new altcoin
In the continuation of its statements, Binance points out that crypto money is a relatively new altcoin with high risk:
BNX is a relatively new cryptocurrency with higher-than-normal risk and therefore will likely be subject to high price volatility. Please make sure you apply adequate risk management, do your own research on the fundamentals of BNX, and fully understand the project before trading.
What is the cryptocurrency project BinaryX (BNX)?
BinaryX is a project that created CyberDragon, a fantasy role-playing game based on Binance Smart Chain (BSC). BNX is the game’s native token used for community voting, hero recruitment, hero upgrade and other core game functions.
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