Moreover, the listing allows the LPT users to buy, trade, sell in Binance exchange networks. Binance initiates trading LPT with trading pairs like LPT/BTC, LPT/BNB, LPT/BUSD, and LPT/USDT. Users are accessible to deposit LPT tokens for trading processes on 28th May 2021 by 5 AM. And the withdrawal option for LPT tokens will open by 2 PM the same day.
Binance Strategy Attracts Potential Investors
Livepeer (LPT) is a decentralized live streaming platform built on the Ethereum blockchain. Binance chose it as a high-quality coin to serve the crypto users. The listing of LPT into its platform is Binance’s smart strategy to attract many potential investors around the world.
Binace added a note to the users saying to ensure the risk available on newly listed tokens. The price value of the token can be unpredictable at times. Along with this, Binance team added,
“Cryptocurrency trading is subject to high market risk. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.”
Furthermore, Binance is a decentralized crypto exchange in the world. It just doesn’t list digital assets on its exchanges. In April, Binance listed new stock tokens such as Apple, Microsoft, and MicroStrategy. This enabled the Binancians to trade other digital assets besides cryptocurrencies within its network. These new stock coins hold major benefits for the users. It is secured and fully controlled by CM-Equity AG, Germany (“CM-E”).
Therefore, the crypto industry is earning more investors every day. Today, As per CoinMarketCap, there are 10,000+ coins and 385 exchanges in the crypto space. Every day a new coin is launched in the market. This creates an urge among the investors and encourages many new entrants. Among all risks and struggles, the crypto industry will march forward waving its flag high.
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