Binance, which has listed many altcoins in recent times, announced that it has added three more altcoins to its platform.
These days, as the leading crypto Bitcoin reaches all-time highs, Binance’s rapid listing of new altcoins has attracted attention. Binance started listing altcoins almost every week. Binance, the crypto exchange with the highest trading volume in the world, announced that DRIFT, SWELL and GRASS have been added to the platform.
The altcoins in question will be available on the Binance Futures platform, and these altcoins can be traded with 75 times leverage.
Binance doesn’t stop: three more altcoins listed
Binance, which has listed MOG, PONKE, COW and CETUS in the past, has been adding new altcoins to its platform without slowing down. The exchange, which listed four altcoins throughout November, announced the listing of three altcoins on November 8.
GRASS, which just launched, is up nearly 300% in the past week. The “touch the grass” discourse, first coined by former Binance CEO Changpeng Zhao, led to the rise of grass. Investors gathered confidence that Binance would list GRASS. Binance did not prove the predictions wrong and added the popular altcoin to the platform.
The following things were said in the statement issued by the stock exchange.
“To expand the trading options offered on Binance Futures and improve the trading experience for users, GRASS, DRIFT, and SWELL will be launched with 75x leverage.“
The launch date of altcoins is as follows;
- Gross, today 18:30
- DRIFT, today 18:45
- SWELL, today at 19:00
GRASS, a Web3 project where users rent Internet bandwidth in exchange for points, attracted attention by reaching a market value of $850 million. On the other hand, DRIFT has a market cap of $225 million, while SWELL has a market cap of around $70 million.
It was notable that all three altcoins saw a sharp rise before the announcement. Binance has been fueled by allegations of insider trading.
This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.
