Common cryptocurrency trade platform Binance has introduced the addition of Siacoin (SC) to its catalog of supported altcoins. The platform introduced the token itemizing through a publish on its web site on June 14, 2018. This newest addition brings the whole variety of supported digital currencies on the platform to 354.
Siacoin Buying and selling Pairs on the Binance Platform
In response to the announcement, Binance will open buying and selling for 3 SC buying and selling pairs – SC/BNB, SC/BTC, and SC/ETH. The platform additionally revealed that buying and selling would begin at 11:00 AM (UTC). Merchants can start depositing SC into their Binance accounts in preparation for the beginning of Siacoin buying and selling.
— Binance (@binance) June 14, 2018
The Siacoin itemizing by Binance is a big achievement for the challenge. 9 months prior, Cryptopia introduced its delisting of Siacoin — citing poor buying and selling quantity — which is ironic contemplating a lot of its listed cash aren’t precisely topping the transaction exercise charts.
Siacoin additionally took one of many largest hits through the “cryptocurrency winter” of 2018, shedding virtually 89 p.c of its worth through the correction interval.
Siacoin Up By 20 % (And Counting)
The Binance itemizing announcement has unsurprisingly impacted Siacoin’s worth.
The value of SC has spiked by greater than 20 p.c in lower than eight hours. SC is presently buying and selling at $zero.015 – 86 p.c lower than its all-time excessive of $zero.111 on January 6, 2018.