HomeNewscoinquora.comBinance CEO Shades Exchanges for Not Listing BSC Projects

Binance CEO Shades Exchanges for Not Listing BSC Projects

- Advertisement -


  • Binance CEO CZ has called out exchanges that are yet to list BSC projects.
  • The BSC network has a current market cap of $107,339,782,237.
  • The Ethereum network is only 3 times bigger than the BSC network.

Binance CEO Changpeng Zhao (CZ) has called out exchanges that are yet to list BSC projects. CZ made the comment in a recent tweet in response to a post by top BSC project PancakeSwap.

Notably, CZ emphasized that his comments were not directed at any particular exchange. However, Coinbase is yet to add support for BNB despite it being the third-ranking crypto by market cap, which raises eyebrows.

To clarify, the Binance Smart Chain (BSC) is a smart contracts network that rivals the Ethereum network. In fact, BSC has offered a cheaper and faster alternative to the often congested Ethereum network.

BSC is a robust network that supports several leading projects. PancakeSwap (CAKE), for instance, is a decentralized exchange (DEX) on the BSC. Also, it has seen gains of over 140% over the past month and 16% in the last 24 hours.

Other top BSC projects by market cap include The Graph, Binance USD, Ontology, and 1inch. Moreover, the BSC market cap is currently $107,339,782,237 with a $19,427,810,819 trading volume.

Also, in another tweet CZ noted that ETH is only 3.3 times bigger than BSC. This fact is worth noting as BSC does not face the scaling challenges currently limiting ETH. For this reason, CZ believes that exchanges that have not listed BSC projects are in fact shortchanging their users.






Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,499FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 62,652.00
ethereum
Ethereum (ETH) $ 3,887.83
tether
Tether (USDT) $ 1.01
bitcoin-cash
Bitcoin Cash (BCH) $ 617.90
litecoin
Litecoin (LTC) $ 186.96
eos
EOS (EOS) $ 4.50
okb
OKB (OKB) $ 16.13
tezos
Tezos (XTZ) $ 6.59
leo-token
LEO Token (LEO) $ 2.95
cardano
Cardano (ADA) $ 2.17
monero
Monero (XMR) $ 264.49
stellar
Stellar (XLM) $ 0.394813
chainlink
Chainlink (LINK) $ 26.55
huobi-token
Huobi Token (HT) $ 7.54
tron
TRON (TRX) $ 0.099373
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 190.75
neo
NEO (NEO) $ 43.49
iota
IOTA (MIOTA) $ 1.25
nem
NEM (XEM) $ 0.169313
zcash
Zcash (ZEC) $ 138.34
maker
Maker (MKR) $ 2,535.77
paxos-standard
Pax Dollar (USDP) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 53.27
vechain
VeChain (VET) $ 0.122776
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 56.29
kucoin-shares
KuCoin Token (KCS) $ 13.53
waves
Waves (WAVES) $ 29.08