The Binance crypto exchange announces the addition of DOCK token on to their platform on July 30. Initially, Binance plans to open trading for DOCK/BTC and DOCK/ETH trading pairs. The trading fee levied is 0.1 percent. Investors can deposit a minimum of two DOCKs and Binance will charge one DOCK as a withdrawal fee.
Dock.io is an all-new blockchain-based technology. This technology intends to solve data hoarding issue by implementing a protocol that encourages data transfer and exchange between different digital platforms. It is a data exchange protocol. This will act as the data layer powering user data for consumer apps across the web.
With the introduction of this new token, investors will have complete control of their personal data online. It provides interoperability between apps and networks, thereby helping to create a new economy for the trillion dollar data industry. In just under six months, around 1 million users have registered for the Dock app. It has quickly become one of the most highly trafficked blockchain websites on the net.
By market cap, Dock is presently the 230 biggest cryptocurrency. By spiking almost 49 percent with its current price at $0.076829, the token has experienced what is known as the “Binance Effect”. According to CoinMarketCap’s statistics, the token has a market cap of $29.6 million with a 24-hour trading volume of $2.25.
According to the Bitcoin Exchange Guide report, Dock’s founder, Nick Macario in a tweet said that he is elated with the addition of this new token on the Binance exchange platform. He mentioned that he had been trying hard for the last couple of weeks to gather enough votes in order to get listed on Binance.
Before it was added on to the Binance platform, the token was available only on KuCoin and Gate.io. However, now it is likely to see a lot of readily available investors and traders entering its ecosystem.
The post Binance Exchange Opens For DOCK/BTC, DOCK/ETH Trading Pairs appeared first on OWLT Market.
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