Binance, the world’s largest cryptocurrency exchange, announced early in the morning that it will list a new altcoin. After Binance’s announcement, the price of altcoin took off. Here are the details;
Binance Lists a New Altcoin
The popular cryptocurrency exchange Binance released a new announcement earlier in the day. According to Binance’s announcement, the crypto currency exchange will list a new altcoin on its platform later today. According to Binance’s announcement, BENQI (QI) will start listing on Binance today.
Binance has announced that it will start trading for BENQI with its announcement. Immediately after the listing, users will be able to trade in the trading pairs QI/BTC, QI/BNB, QI/BUSD and QI/USDT.
Benqi Coin is At The Top!
As always, Binance’s listing announcement affected BENQI, and the price took flight immediately after the announcement. So much so that BENQI was trading at 0.17 dollar levels before the announcement, while it experienced a 50% increase with Binance’s announcement and rose to 0.27 dollar levels.
According to CoinMarketCap data, the crypto currency continues to see trading at the level of $ 0.25, an increase of 41% in the last 24 hours, as of the time the content was written.
What is BENQI?
BENQI is a lending and borrowing protocol built on Avalanche. QI is the governance token of the protocol, which allows users to participate in network management, provide liquidity and earn rewards in exchange for staking.
How to Buy Benqi Coin?
Benqi coin, which AVAX users often refer to and allows De-Fi transactions, is available on many exchanges. But the first choice of investors is currently Gate.io it is the stock exchange. In the coming periods, it is expected that benqi coin trading transactions will also be on different central crypto currency exchanges. In particular, the dozens of collaborations made by the Benqi coin set the stage for its listing on different exchanges.
Click here to buy Benqi Coin
If you are interested in Benqi coin-like content, our last article is How to Buy Shiba Coin? Will Shiba Coin Rise? just for you!