Binance has announced that it will start trading in the TRY pair for the recently launched Open Campus (EDU), which is up 2000%. Two important altcoin moves from the leading stock market are as follows…
Open Campus (EDU) opens trading in TRY pair
According to a new announcement, Binance is listing EDU Coin in TRY and EUR pairs. Trading for the EDU/EUR and EDU/TRY pair will become active as of May 1.
EDU Coin completed its token sale on Binance Launchpad on April 28, as we have quoted as Kriptokoin.com. Web3 training protocol attracted great attention and its price provided 2000% returns as soon as the trades were opened. According to the new announcement, the altcoin will now be available to Binance users on EDU/EUR and EDU/TRY pairs.
Binance supports the rise of this altcoin network
Binance announced that it will support Stacks (STX) network upgrade and hard fork. The Stacks (STX) network upgrade and hard fork will occur at block height 787,651 Bitcoin. Starting at Bitcoin block height 787,645, STX deposits and withdrawals will be suspended.
Stacks (STX) is the cryptocurrency of the decentralized computing platform Blockstack. Blockstack is a project that uses Blockchain technology to extend the functionality of Bitcoin by serving as a second layer protocol. The altcoin is used to pay transaction fees and can be locked directly on the network to earn BTC rewards.
The official announcement includes the following notes that users should pay attention to and apply:
- STX transactions will not be affected during network upgrade and hard fork.
- The Stacks (STX) network upgrade and hard fork will occur at block height 787,651 Bitcoin.
- Binance will fulfill all relevant technical requirements for all users holding STX in their Binance account.
- Stackright upgrade does not cause new tokens to be created.
- Binance will reopen deposits and withdrawals for STX once everything is complete.
Binance will set foot in Japan again through an acquired exchange
In a hot development from the world’s largest stock exchange, a new acquisition took place in the Japan region. Binance is preparing to return to Japan by acquiring Sakura Exchange Bitcoin (SEBC), a crypto exchange licensed by the Japan Financial Services Agency.
Binance, which we refer to as Kriptokoin.com, had acquired SEBC in November 2022 in hopes of re-entering the Japanese crypto market.
https://twitter.com/cz_binance/status/1597867055860285442
Meanwhile, SEBC’s ongoing exchange and brokerage services will end on May 31. The exchange will re-emerge as Binance Japan after June 2023. However, it has not announced an official date for the launch.
According to the report, SEBC users must withdraw their funds by May 28. Any remaining money in these accounts will be automatically converted to Japanese yen and then transferred to users’ bank accounts by June 5th.
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