A low-cap Altcoin has risen after the best crypto exchange platform in the world per volume has announced the list of eternal futures before.
In a new announcement, Binance out It will launch support for Bitcoin (BTC) Decentralized Finance (Defi) -oriented Platform Lorenzo Protocol (Bank) to Binance Futures.
The announcement of Binance came on the same day as the official launch of Bank at the BNB chain.
News about the addition sent Bank Flying when it started digitally active from a low of $ 0.03 on April 18 – the launch day – to a peak of $ 0.057 only a few hours later. The token has since retired and acts for $ 0.044 at the time of writing, a decrease of 13% during the last 24 hours. Bank is an Altcoin with a low cap with a market capitalization of $ 18.85 million.
According to Binance, bank/tether (USDT) are eternal contracts with a maximum of 50x leverage available from April 18.
On the official website, Lorenzo Protocol out This allows users to use Bitcoin to obtain extended liquid tokens, which can then be used on Defi platforms.
“Lorenzo is the Bitcoin liquidity financing layer. With the global approval of Bitcoin growth, there is a considerably higher demand for bitcoin liquidity, by manners of Layer-2s, Defi, Trading, etc. and Platforms Promot for Bitcoin-Liquidity …
Lorenzo creates an efficient market in which bitcoin holders can easily find the best opportunities to invest their unused Bitcoin -Liquidity and serves as the most important Defi -eco system to finance Bitcoin strike tokens. “
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