Recently, many cryptocurrency exchanges have made new announcements for various altcoin projects. In particular, Binance’s announcement sent the price of an altcoin project soaring. Here are the details…
KuCoin and BitMart list RPK
KuCoin and BitMart announced the addition of RepubliK (RPK) to the Spot trading platform. RepubliK (RPK) is a revolutionary social media platform that rewards users for their contributions using RPK Tokens. These tokens provide access to exclusive content, communities, and support for creators, spanning governance, platform, and community value. The schedule for altcoin RPK on KuCoin is as follows:
- Deposit: Valid Immediately (Supported Network: ERC20)
- Transaction: 14 November 2023 13:00 CET
- Withdrawals: 15 November 2023 13:00 CET
- Trading Pair: RPK/USDT
MBL wind in Binance Futures: Altcoin is on the rise
Binance Futures is preparing to launch the USDⓈ-M MBL perpetual futures contract on November 14, 2023 at 18:00 UTC with up to 50x leverage. Basic details include:
- Underlying Asset: MBL
- Settlement Asset: USDT
- Maximum Leverage: 50x
- Funding Fee Frequency: Every Four Hours
Following this announcement, the price of altcoin MBL increased by nearly 20 percent. The cryptocurrency rose from $0.0053 to $0.0068 daily. At the time of writing, it seems to be pushing the $0.0069 level.
Binance completes MC swap
In other news, Binance successfully completed the Merit Circle (MC) token swap, revaluation and rebranding as Beam (BEAMX). From now on, MC’s new label will be BEAMX. The distribution rate will be around 1 MC = 100 BEAMX. Smart contract addresses for the altcoin will be ERC20 and BEP20. Deposits and withdrawals for Beam (BEAMX) are now open.
Altcoin listings of KuCoin, Gate and Coinstore attracted attention
On the other hand, ATEM Network announced that it is listed on KuCoin and Gate, where the ATEM/USDT trading pair will be available starting November 15. Early contributors can also use the airdrop. Finally, Coinstore officially listed Globiance Exchange. These various announcements showcase dynamic developments in the altcoin space, providing users with new opportunities and trading options.
“Listing” is very critical in the field of cryptocurrency and financial markets. Because when an exchange announces a listing, this means that users on the platform can trade, buy and sell the asset in question using the exchange’s infrastructure. A listing is often a major event for a cryptocurrency as it provides exposure to a wider audience of potential investors and traders. It may contribute to increased liquidity and altcoin market activity for the listed asset. Exchanges usually have specific criteria and processes for adding new assets to their listings.
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