Binance lists SC coin and ICX – Coins get pumped!

Binance makes way for the cryptocurrency investors and traders. The company commenced in 2014 and has grown to be one of the largest, multi-language exchange platform.

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Binance is known to charge lesser transaction fees than its competitors for transactions and security. The trading platform has played a major role in the cryptocurrency market and has also been speculated to be the reason why coins pump up.

Today, Binance tweeted:
“Binance Lists SiaCoin ( $SC ) …”

Yu Okuha, commented:
“the best time ever!! siacoin to the moon”

CRYPTO_King, another Twitter user said:
“Be ready guys to double or triple your values”

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Today before the announcement of Binance listing SiaCoin [SC], it was being traded at the price of $0.011, post the announcement the coin experienced a rise, with the trading price of $0.014. The coin pumped up by 10.07% post the announcement.Yesterday, Binance announced that they will support the ICON [ICX] Mainnet token swap and they also added ICX/USDT pair for trading. Binance gave the notice of suspension of deposits and withdrawals for ICON [ICX] starting from 20th June at 05.30 IST. Binance will handle all technical requirements involved for all the users holding ICX.

Binance plays a major role in the trading prices of its listed coins and trading pairs. CoinBase, Kraken, BitStamp, and itBit were recently investigated for price manipulation techniques. However, Binance has not been under investigation for manipulation of prices in the cryptocurrency market.

At the time of writing, SC coin is traded at $0.014, with a market cap of $51 million. The coin has seen a hike of 14.33% in the past 24 hours and runs green in the hourly cap with a hike of 1.11%

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Author: Simran Alphonso
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