Binance is an worldwide multi- lingual crypto currency
exchange. The company was originally found in China, but in September 2017 it
enthused its servers and headquarters out of China to Japan in move forward of
the ban on crypto currency trade by Chinese government.
One of the world’s largest crypto currency exchanges have extended
its basket on cryptos it offers and it will now permit users to trade Augur
(REP). As per the company’s declaration this new contribution will allow REP to
be traded in numerous pairs as well as REP/BNB, REP/BTC and REP/ETH.
Augur uploaded its first contract to the ethereum network in
April 2015 and released its first beta version in March 2016. All the
reputation tokens those were on sale during the crowd funding campaign that
took place in 2015, were distributed to their owners on the live ethereum
network in October 2016. Hence these token were supported by the two largest
crypto currency exchanges, Poloniex and Kraken on their trading platforms.
Augur coin works as a tool for calculation market and in totaling
to that it also assists with forecasting. Talking purposely, Augur is a demonstration
of open global platform that allows anyone anywhere to create, monitor or trade
in calculation market on any topic.
Augur constitutes the 36th largest traded crypto currency
with a market capital of $658 millions. The retreat from high back in December
2017 was followed by the growth in value of the coin in 2018. And as soon as
the Binance announced its support for Augur the token price amplified stridently
at the current price of about 60 USD. The price basically shoots up by 24.2
percent at the time of writing and that is now trading at $59.04 Friday. This
announcement will enable Binance users to trade Augur against Binance coin as
well as with important cryptos Bitcoin and Ethereum.
It will also give users the right to carry out certain roles
on its platform such as disputing outcomes that will effect in outcome coming
back to the market in the form of dispute bond of validation. This incentive of
legalization that is given to the members actually gives them the ability to
create and contribute in prediction market to ensure the validity of the
market. The market does not have any limitations on the kind of prediction that
can be created and also its fees is very much low than the ones which is exciting
for using traditional centralised calculation markets.
The fees that will be charged from Binance users who trade
Augur will include a transaction fee of 0.1 REP with a minimum withdrawal of
0.2 REP.
The support for Augur on binances’s platform is the second
mark update at Binance in many months, following the ‘dusting’ feature of
April’s launch.
In the crypto trading there are many problems faced or
created for the users . For this problems the Binance Exchange provides a
official support number which is busy many times. So there are many third parties
support Numbers. We are also provides our Binance Helpline Number
+1855-205-4954. On this number our expert technician deals in mannarful way,
and solves your problems.
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