Binance Supports New Monero Trading Pairs: XMR/BNB And XMR/USDT
Binance has some good news for Monero (XMR) enthusiasts.
Binance adds two new Monero trading pairs on the platform
Binance has just revealed that the exchange added two new Monero trading pairs: XMR/BNB and XMR/USDT. The trading was announced to begin on 2019/03/15 at 4:00 AM (UTC).
The crypto exchange already has many cryptos listed on the platform, and these new trading pairs come as an addition to XMR/BTC and XMR/ETH pairs that are already available on the exchange.
Now, there are four Monero trading pairs on Binance.
Craig Wright bragged recently he can destroy XMR
Monero made headlines a few days ago after the self-proclaimed Satoshi aka Craig Wright claimed that he could ruin this “criminal coin” and another essential privacy-oriented coin, ZCash (ZEC) as well.
Wright has claimed many times that he’s the famous creator of Bitcoin, Satoshi Nakamoto. Now, he seems to be out there to get Monero and Zcash.
He recently told CNBC that he knows how to destroy XMR and ZEC. He also said that he is going to expose these coins sooner rather than later.
“If you have a privacy coin, I will show you that it is basically as private as running through Times Square with your pants around your ankles,” he said as reported by CCN.
CCN writes that if Wright is correct, then this is pretty sad news for the dark web traders and hackers.
In other news, Monero had just been successfully updated a few days ago.
Monero completed the update which included tweaks to the PoW algorithm for better ASIC-resistance, some changes to mitigate big bang attacks and enhanced transaction homogeneity to improve privacy even more.
Overall, things are going great for the most important privacy-oriented coin, despite the fact that it’s in the news a lot due to illegal mining and more such dark activities.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.