Binance, one of the world’s largest exchanges, announced today that it will list Kadena (KDA). After this announcement, the crypto money, which is in the 82nd place according to the market value, experienced an increase.
According to the statement from Binance, KDA will be listed at 14:30 CET. The exchange will open trading for KDA/BTC, KDA/BUSD and KDA/USDT trading pairs. Users can already start depositing KDA in preparation for trading right now. Withdrawals for KDA will open on March 12 at 14:30.
After Binance’s announcement, BDA increased by 7.9% in the last 1 hour and by 20% in the last 24 hours. experienced a rise.
What is Kadena (KDA)?
Kadena is a Proof of Work (PoW) blockchain. Kadena uses the smart contract language called “Pact”, which is a secure smart contract language with built-in automatic control. KDA is the native utility token designed to be used to pay the network’s transaction fees. Kadena’s public blockchain is a braided, high-throughput Proof of Work system running Chainweb, a protocol that provides security and throughput. The Kadena network will consolidate public applications, private blockchains and other interoperable chains in one place and route traffic to the high-bandwidth computer at the heart of the Kadena public chain.