As per the recent announcement, Binance has included three new trading pairs on its platform for Ethereum Classic (ETC) and Basic Attention Token (BAT). The update was shared with the crypto community on 7th May 2019 through the micro-blogging site Twitter.
— Binance (@binance) May 7, 2019
Binance users would be able to trade both these digital currencies for USDC or USD Coin, PAX or Paxos Standard Token and TUSD or TrueUSD. That means there are 6 newly listed trading pairs in the form of BAT/TUSD, BAT/USDC, BAT/PAX, ETC/TUSD, ETC/PAX, and ETC/USDC. The trading is slated to be opened at 10 a.m. of the UTC time zone on 8th May 2019.
At present, Basic Attention Token stands at 24th position in the digital currency market as per the rankings of CoinMarketCap. At the time of writing, BAT was being traded at $0.304202 USD.
Ethereum Classic (ETC), on the other hand, currently sits at the 18th position in the crypto market rankings by CoinMarketCap. ETC, when last checked, was being traded at $5.69 USD.
For those who are new in the crypto space, Binance is considered as the largest digital currency exchange across the world when it comes to trading volume. It provides users with a platform to trade more than 100 digital currencies in a secure and easy manner.
It was only recently that the topmost crypto exchange platform had added support to Cosmos (ATOM) by listing the trading pairs of ATOM/PAX, ATOM/TUSD, as well as ATOM/USDC for its global user base of traders. Cosmos Network which is a decentralized network of scalable, interoperable, and independent blockchains, works towards building the foundation for an upcoming token economy. As per CoinMarketCap records, Cosmos holds the rank of 15th position on the crypto market charts at present.