Cryptocurrency Exchange Binance.com (CRYPTO:BNB) Lists Loom Network (CRYPTO:LOOM)
Hong Kong, May 3, 2018 AEST (ABN Newswire) - Cryptocurrency Exchange Binance.com (
CRYPTO:BNB) advise that LOOM/BNB (CRYPTO:LOOM), LOOM/BTC and LOOM/ETH trading pairs are now available on Binance for trading. You can start depositing and trading LOOM now.
Loom Network is building a fundamental infrastructure platform that will help Ethereum scale, and is the first Ethereum scaling solution to be live in production.
It uses app-specific sidechains (called DAppChains) that run in parallel to Ethereum mainnet, so that large-scale decentralized apps can run more efficiently and at scale. Loom Network's SDK allows developers to quickly build their own sidechain-based DApps without having to understand blockchain infrastructure, and use more performant consensus algorithms like DPoS while still securing tokens and assets on Ethereum.
Max Supply: 1,000,000,000 LOOM
Circulating Supply: 553,828,332 LOOM
Issue Price: $ 0.0555
About Binance
Binance (CRYPTO:BNB) is a cryptocurrency exchange with a focus on the Chinese market and other Chinese coins. Currently, it supports English and Chinese users. The Binance token (BNB) was created during the ICO event to fund the development of the Binance exchange.
Binance is capable of processing 1.4 mil orders/second, has multi-language support and has all the major coins available – BTC, ETH, LTC, BNB etc. Trading fee is 0.1%.
Binance Mission: Commit to offer the professional, secure and transparent one-stop service to users in digital currency industry.
Binance Scale: Binance has over millions registered users from over 200 countries and regions.
Binance official website:
https://www.binance.com
About Loom Network
Loom Network (CRYPTO:LOOM) is a Platform as a Service built on top of Ethereum that allows developers to run large-scale decentralized applications. This lets developers build DApps with the trust and security of the world's most secure public blockchain, along with the computing resources necessary to run commercial-scale services. Like how Filecoin tokenized disk space, Loom aims to be the tokenized application protocol of the new decentralized web.
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