Exchange News

NuCypher (NU) Listing On Binance Exchange

Bianance, the world’s largest crypto exchange, listed NuCypher (NU) tokens on its platform.

Users can trade and withdraw NU on Binance which began on these dates and now the users can start to deposit NU in preparation for trading.

  • Withdrawal: June 04, 2021, at 02:00 PM UTC
  • Trading: June 04, 2021, at 05:30 AM UTC
  • Trading Pair: NU/BTC, NU/BNB, NU/BUSD, and NU/USDT

NuCypher Token (NU)

NuCypher is a decentralized encryption, access control, and key management system (KMS) service for public blockchains. It provides end-to-end encrypted data exchange through public blockchain and decentralized storage solutions.

The limitations of using consensus networks – to securely store and manipulate private data. Encrypted data leveraging using Proxy Re-encryption (PRE).

NU is the native token of NuCypher. It is used for staking to run a NuCypher worker node.

NU is used to participate in the NuCypher DAO network. NuCypher DAO is a protocol that controls network settings and smart contract updates.

For more information and updates, please visit:

Binance Overview

Binance is a global cryptocurrency exchange and mainly focused on altcoins trading. The exchange has gained great popularity – low transaction fees, high liquidity, and additional discounts. Only,  if users pay in the native BNB cryptocurrency tokens.

Binance is limited to US customers, and there are fewer names available for trading. It supports trading in more than 150 coins, which includes popular ones like Bitcoin, Ethereum, Litecoin, and its own native BNB tokens.

The exchange provides a crypto wallet for its traders where they can store their electronic funds.

For more information and updates, please visit:

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Monisha

Monisha is a Senior Programmer in the Automotive Embedded domain. Her interest in the cryptocurrency field made her write about crypto and blockchain-related news.

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