GoChain (GO) Cryptocurrency to be the Next Binance Exchange Listing
Binance's 9th Community Coin of the Month Winner GoChain (GO) listing Set for Tomorrow
Getting listed by a popular coin exchange like Binance is every crypto coin’s dream. Well, things are about to change for the GoChain (GO) altcoin following a Binance announcement that the coin will be available within its platform from 12th September. This is barely a day from now; the coin exchange has given the go ahead for GoChain users to deposit their coins in Binance for trading purposes once the window opens. The pairs to be featured on the initial trading day are GO/BTC and GO/BNB.
— Binance (@binance) September 11, 2018
GoChain acquired this listing after winning ‘coin of the month’ edition held by Binance for the 9th time. Ideally, Binance had facilitated this competition to create a chance for a fair coin listing to add on its platform portfolio. GoChain was fortunate enough to prove its fundamentals to the participants hence carried the day. The crypto coin is now looking at brighter days once it gets listed on Binance, an influential crypto market player today!
What makes GoChain’s position attractive in the Binance listing is the charge free nature. Normally, coin exchanges will request for fees from digital currencies looking to be added on their networks. GoChain (G0) alongside other cryptocurrency projects was nominated by Binance to participate in the edition. According to the votes cast, GoChain took the day with 46% which is double what the runner-up gathered. Medibloc was last in the contest managing only 6% of the votes.
About the GoChain Project
GoChain’s capabilities challenge those of the ‘smart contract’ oriented Ethereum. The project is built with scalability enhancing features that the team perceives to be better than Ethereum’s. In addition, GoChain has focused its project on lowering costs involved in cryptocurrency transactions. However, GoChain still operates from the Ethereum blockchain.
Apart from a Binance listing, GoChain is gaining the attention of other popular crypto coin markets. This is mostly from Asia where crypto and blockchain adoption is the most vibrant, the GO altcoin was added on ‘South Korea’s leading coin exchange, Upbit.
The GoChain blockchain network implemented a Proof of Reputation (PoR) consensus within its ecosystem. This infrastructure is reputation dependent meaning the participant credibility is vital for ensuring a secure network. Users will not be able to escape with financial or business fraud if they actively engage with the network.