Forex and Crypto News

Binance launched a new cryptocurrency platform

16:48 23 January /2019

Binance, the largest crypto-exchange, has launched a trading OTC platform.

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The features of the new platform include:

  • the ability to exchange only between cryptocurrencies, that is, there is no support for Fiat

  • trading is available for verified Binance users (Level 2)

  • orders from 20 BTC

  • transactions are anonymous (their volumes are not publicly available since operations are carried out outside the “stock exchange glass”)

  • The OTC platform is tightly integrated with the main platform Binance, so there is no need to create separate cryptocurrency addresses.

It is not known exactly which assets are available on the OTC platform - Binance reports only “the multitude of cryptocurrencies available in the listing of the exchange”.

Among other things, Binance has announced support for additional pairs with Tron and Litecoin on its main platform: LTC/TUSD, LTC/PAX, LTC/USDC, TRX/PAX, and TRX/USDC.

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