Binance Exchange Adds New TrueUSD (TUSD) Pairs Including Cardano (ADA) and Tron (TRX)
Binance cryptocurrency exchange will open trading of ADA/TUSD, TRX/TUSD and NEO/TUSD pairs on the platform. The announcement made through their official news blog the exchange will add these pairs to the USDⓈ section. The trading opens as at 2018/12/19 4:00 AM (UTC).
The latest announcement by the largest exchange in the world will cement its place at the top of cryptocurrency exchanges. Earlier in the week, Binance announced its plans to add trading pairs with USDC as the quote. The trading pairs listed here were added to the exchange on 2018/12/15 03:00 AM (UTC): BNB/USDC, BTC/USDC, ETH/USDC, XRP/USDC, EOS/USDC and XLM/USDC.
The cryptocurrency market is on a slight bull run as the total market capitalization rebounded from US$ 108 Billion to US $122 Billion in the past 48 hours. Cardano (ADA) currently trades at $0.035591 representing a 7.7% increase in the past 24 hours. The coin is battling Tron (TRX) to re-enter the top 10 positions on the Coinmarketcap rankings.
TRX price has soared by 11.35% in the last 24 hours to hit $0.015962 and climbing to the top 10 on the rankings. The Tron Foundation has seen a strong finish to the year in development and marketing prospects. Tron Foundation is on a partnership with Binance Charity to improve the communities around the world which placed investor’s goodwill on the token.
NEO (NEO) is currently trading at $7.01 representing a 7.34% increase in the last 24 hours placing it 18th on the rankings.
In their closing remarks on the announcement of the newly opened trading pairs, Binance cautioned their customers on the risks involve with cryptocurrencies. The caution read,
“Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your investment losses.”