A low capitalization Altcoin is in place after the best crypto exchange platform in the world by volume has announced the list of perpetual future.
In a new announcement, Binance says that he will launch the support for the Bitcoin platform (BTC) decentralized finance (DEFI), Lorenzo Protocol (Bank), Binance Futures.
Binance’s announcement came the same day as the official launch of the bank on the BNB channel.
The news of the addition sent a bank flight while the digital assets went from a minimum of $ 0.03 on April 18 – its launch day – a peak of $ 0.057 a few hours later. The token has since retraced and is negotiated at $ 0.044 at the time of writing, a drop of 13% in the last 24 hours. Bank is a low capitalization Altcoin with a market capitalization of $ 18.85 million.
According to Binance, Bank / Tether perpetual contracts (USDT) with a lever effect up to 50x are available on April 18.
On its official website, Lorenzo Protocol says that it allows users to put Bitcoin to obtain marked liquid tokens, which can then be used on the DEFI platforms.
“Lorenzo is the Bitcoin liquidity financing layer. With the global adoption of Bitcoin growth, there is a significantly higher demand for bitcoin liquidity, by means of the layer-2, deffing, trading, etc., and platforms promise in exchange for Bitcoin liquidity …
Lorenzo creates an effective market in which Bitcoin holders can easily find the best opportunities to invest their unused Bitcoin liquidity and serves as a prominent challenge ecosystem in which finance the Bitcoin shyingmakers. »»
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