Binance U.S. Adds Buying Capabilities On Stellar (XLM) And 0x (ZRX)


U.S based wing of Binance crypto exchange, Binance US, adds Stellar (XLM) and 0x (ZRX) to its ever-growing portfolio of crypto assets users can directly buy on the platform. The two cryptocurrencies experienced slight spikes following the announcement, gaining 4.33 and 2.22 percent in the past 24 hours respectively.

Binance adds XLM and ZRX direct buys

In a tweet released by Binance US official Twitter page of Friday, May 22, 2020, XLM and ZRX will be the latest crypto assets to join the American exchange. The two join a list of 12 tokens already on the platform including Bitcoin (BTC), Ethereum (ETH), Basic Attention Token (BAT), XRP, Tezos (XTZ), Chainlink and Algorand (ALGO).

The growing number of assets on the highly regulated exchange, specially created for US-based customers, aims at increasing liquidity and participants on the exchange. The exchange also stated its plans to add more cryptocurrencies in the coming future.

Binance US is also increasing its efforts in developing staking capabilities for POS mechanism blockchain tokens. In March, the exchange announced staking support for Cosmos (ATOM) users on the platform.

The announcement however did not cause a buying fever on the tokens. As at the time of writing, ZRX trades at $0.334665, representing a 2.2% increase in the past 24 hours. Stellar (XLM) gained 4.33% in the past day to trade at $0.068630, as at the time of writing.

Original Source: Coin GApe Binance U.S. Adds Buying Capabilities On Stellar (XLM) And 0x (ZRX)