Bitcoin and cryptocurrency exchange Binance is listing a new altcoin. The exchange announced that it will add BENQI (QI) to its platform. With the news of the listing, the price of altcoin almost flew away. Cryptocoin. com, we have compiled the details for you, let’s examine the subject together…
Bitcoin giant Binance lists a new altcoin: BENQI (QI)!
Leading Bitcoin and cryptocurrency exchange Binance is listing a new altcoin. The exchange announced that it will add BENQI (QI) to its platform. The stock market made the following announcement on the subject:
Binance will list BENQI (QI) and open trading for QI/BTC, QI/BNB, QI/BUSD and QI/USDT trading pairs on 11/15/2021. Users can now start investing in the QI stock market in preparation for trading. Withdrawals for QI will open on 16.15. 2021. Binance will only support deposits and withdrawals of QI AVAX C-Chain tokens. Withdrawal open time is an estimated time for users’ reference. Users can see the real status on the withdrawal page. QI Listing Fee: 0 BNB. Risk warning: Cryptocurrency trading is subject to high market risk. Please do your transactions carefully. You are reminded that Binance is not responsible for your trading losses.
Crypto money skyrocketed with the listing news!
With the news of the listing, the price of crypto money almost flew away. At the time of writing, BENQI (QI) is trading up over 45 percent. BENQI (QI) ranks 519th with a market cap of $83 million. It is currently traded for $0.15.
What is BENQI (QI)?
BENQI is a lending and borrowing protocol built on Avalanche. QI is the management token of the protocol that allows users to participate in network management, providing liquidity and earning rewards for staking.