Binance Adds 3 Trading Pairs: NANO/USDT, OMG/USDT, and OMG/BNB
Binance continues to expand on their ever-growing base of trading pairs with the announcement of 3 more today, namely: NANO/USDT, OMG/USDT, and OMG/BNB.
— Binance (@binance) April 2, 2019
The announcement reads that the trading pairs will be active at 2019/04/03 4:00 AM (UTC).
OmiseGO (OMG) is a slowly becoming highly reputed in the crypto ecosystem, which is the main reason why Binance is expanding their trading pairs. It enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. It is currently the 28th biggest cryptocurrency with a market cap of $292,240,640 and a 24h trading volume of $117,437,560. Currently, OmniseGO trades with two trading pairs on Binance, BTC and ETH. With ETH, it has a trading volume of $551,887 while against BTC it has a much higher volume of $4,139,658.
NANO on the other hand already has 3 different trading pairs on Binance, NANO/BTC, NANO/ETH, and NANO/BNB. It is the 43rd biggest crypto with a market cap of $190,555,225 and a 24h volume of $21,307,197, which is significantly lower than that of OMG. However, on Binance, NANO/BTC trading pair is pretty popular with trading volume of $15,537,346. NANO/ETH has volumes of $1,012,966 and $572,412 on NANO/BNB.
Binance seems to be pushing their own crypto, Binance Coin and making it available to trade with almost all available cryptos.