4 cryptocurrencies boom after listing on Binance and Coinbase
Four cryptocurrencies are recovering after receiving support within the crypto industry.
While Aave, Bancor, Synthetix appreciated after being announced by Coinbase, the utility token CHZ also skyrocketed after being listed by Binance.
Coinbase announces AAVEE, BNT and SNX
In a new blog post, Coinbase announced that users can now deposit Aave, Bancor (BNT) and Synthetix (SNX) into their Coinbase Pro accounts.
Support for the three altcoins will be available in all jurisdictions, with the exception of New York State.
If liquidity conditions are met, trading will begin at 9 am on December 15, Pacific Time.
After the announcement, AAVE, BNT and SNX showed significant appreciation.
The cryptocurrency conversion protocol between Bancor chains has increased by 28% in just the last 24 hours. In addition, BNT jumped from $ 0.93 on December 11 to $ 1.33 this Tuesday (15). It is, therefore, an increase of 37% in less than a week.
The crypto that offers derivative liquidity and DeFi protocol trading, Synthetix, rose 11% in the last 24 hours.
The asset went from $ 4.10 on December 11 to $ 5.30 this Tuesday. An increase of 26% in the period.
The Aave decentralized finance lending platform grew by 7% in the last 24 hours. The asset jumped from $ 71.04 on December 11 to $ 89.07 on Tuesday. That is, an increase of more than 25% in four days.
Regarding the assets, Coinbase pointed out that they are only available on Coinbase Pro. But it guaranteed that it will make a separate announcement if it decides to list the three crypto assets on Coinbase.com.
Binance announces CHZ
Meanwhile, global cryptocurrency company Binance has announced a partnership with Chiliz, a blockchain fintech that seeks to help sports organizations monetize their audience.
Chiliz operates Socios.com, which is powered by the utility token CHZ. Thus, sports franchises worldwide can sell tokens on the Socios platform to allow fans to participate in exclusive polls and polls.
In that regard, Binance notes that more than 14 million fan tokens have been sold in the past 12 months. More than 700,000 votes were registered on the Chiliz blockchain.
Hours after the Binance announcement, CHZ soared 17%. It is an almost 40% increase from a low of $ 0.0114 on December 11 to $ 0.0159 on Tuesday.
Finally, Binance said it will add support for two fan tokens.
“Binance will then list Paris Saint-Germain Fan Tokens (PSG) and Juventus Fan Tokens (JUV) in the innovation zone on 12/20/20 6:00 AM (UTC) and open trading for PSG / BTC, PSG / USDT, PSG / BUSD, JUV / BTC, JUV / USDT and JUV / BUSD trading pairs. ”
In addition, the exchange will also launch a pool for the PSG and JUV tokens.
Users will be able to earn new token rewards by betting their Binance Coin (BNB), Binance USD (BUSD) and CHZ tokens in separate pools.