Tuesday, September 26, 2023
HomeImmutableXCrypto Exchange Binance Lists Two Altcoins Built on Ethereum, Triggering Rallies

Crypto Exchange Binance Lists Two Altcoins Built on Ethereum, Triggering Rallies

A pair of crypto assets that facilitate peer-to-peer (P2P) connections surged in power after being listed by crypto exchange giant Binance.

New announcement, Binance states that utility tokens from Alchemy Pay (ACH), a payment system that acts as a bridge between cryptocurrencies and fiat currencies, will be available for transactions.

According to the project Website, Alchemy Pay acts as an “all-in-one online and offline cryptocurrency gateway service for businesses”, enabling financial institutions to offer cryptocurrency investment services.

Binance list news sent ACH prices vertically, rising 41.5% from $ 0.065 to $ 0.092 almost instantly. Altcoin was fixed to $ 0.070, but then recovered to $ 0.084 again.

Alchemy payment The day is currently up 21.4%.

Also attracting attention from Binance is Immutable X (IMX), a non-fungible token (NFT) layer 2 scaling solution aimed at enabling near-instantaneous zero gas rate transactions.

IMX is an Ethereum token that can be used for staking on Immutable X, voting for the future of peer-to-peer protocols, and paying transaction fees.

Project website To tell,

“We are committed to zero-knowledge (ZK) proofs on Ethereum, so users can always see and withdraw their assets.

Our engine supports over 9,000 transactions per second, increasing the native limit by 600x. “

IMX rose 12.8% from $ 3.75 to $ 4.23 after its listing, but has gone a long way back. Immutable X It has dropped to $ 3.40 and is currently trading at $ 3.68.

According to Binance, both ACH and IMX Bitcoin (BTC), Binance USD (BUSD) and Tether (USDT) Trading pair.

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Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors need to do due diligence before making risky investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfer and transaction is your own responsibility and any loss you may incur is your responsibility. Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets. Also, Daily Hodl is not an investment adviser. Please note that The Daily Hodl participates in affiliate marketing.

Featured images: Shutterstock / Dario Lo Presti / lassedesignen

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