Without user-friendly exchange platforms, trading cryptocurrency is difficult. Exchanges act as a link between cryptocurrency assets and users. It is the most practical way for cryptocurrencies to reach investors. Moreover, the digital currencies can be bought with fiat money or exchanged for other tokens.
Binance is the leading exchange platform globally. The most commonly traded cryptocurrency is supported by this exchange. And now, Binance has added Gnosis (GNO) to its platform. The trading pairs are GNO/BTC, GNO/USDT, GNO/BNB, and GNO/BUSD which will be available from August 30.
Notably, the platform allows users to trade GNO from August 30, 06:00 UTC. Additionally, users can now deposit GNO for trading and withdrawals will be available from August 31, 06:00 UTC.
Gnosis Surges Nearly To 40%
As the leading exchange platform, Binance is the most committed trading platform. It adds new tokens each week and provides investors a wide range of options.These added trading pairs will be available for trading from August 30, 06:00 UTC on the Binance platform.
The Gnosis cryptocurrency, GNO, is an Ethereum-based token that was sold during the Gnosis Initial Coin Offering (ICO). Consequently, the primary application of GNO is to generate OWL tokens through staking. Users can earn rewards by locking GNO for a fixed period of time.
Significantly, after the announcement from Binance, Gnosis has boomed in price value and has soared to nearly 40%. The current trading price of GNO is $330.61 and its trading volume has surged to 1566% in the last 24-hours.
In addition, the price of these coins may increase when trading begins, which allows investors to have confidence in such coins. Furthermore, coins available for reputable exchanges like Binance are credible because their platforms are registered and authenticated.
