Leading crypto exchange Binance announced on Monday that it would be listing the scalability token HIVE on its Platform. In an official post, it stated that deposits and withdrawals of the token would begin at 4:00 am (UTC) on April 29, 2020.
HIVE will be listed and made available for trading on April 27, and will initially be paired against BNB, BTC, and USDT. The listing fee of HIVE is kept at 0 BNB. HIVE is one of the most highly anticipated tokens by the Binance community and users, which is why the addition was expected. Binance CEO, Changpeng Zhao tweeted, “you asked for it, we listen.”
Even during the times of the Coronavirus pandemic, Binance has managed to keep development at a steady pace and has made a number of interesting moves to expand the options on the Platform, as well as focused on user engagement. The crypto conglomerate has had exciting announcements to make during the last few weeks, like the launch of the Binance Labs prodigy social payments app Bundle for Africa, or exploring the crypto future in India by listing WazirX token. If you are planning to trade on Binance but the question arise that, Is Binance safe? In Binance, you can buy, sell and trade cryptocurrencies and Binance says it is “trusted by millions worldwide”, & it is “dedicated to increasing the freedom of money for users”.
HIVE is the native token of Hive Network, a decentralized open-source blockchain for Web 3.0 that focuses on scalability and speed.