Crypto traders on OKX cryptocurrency exchange would soon be able to trade Binance coin (BNB) on the exchange’s spot trading market section. This announcement which was made on December 19, 2022, would see the BNB/USDT and BNB/USDC trading pairs come alive on the exchange.
According to the issued update, the listing and trading would follow this systemic order:
- December 20: BNB deposits commence
- December 21: Spot trading for both currency pairs opens at 3:00 am UTC
- December 22: BNB withdrawals open by 3:00 am UTC
BNB’s unstoppable popularity
Launched in 2017, the Binance website says that “BNB is the cryptocurrency coin that powers the BNB Chain ecosystem.” The coin came into life on the Ethereum blockchain as an ERC-20 token, but it currently is the native token for the Binance Chain.
With Binance exchange dubbed the largest cryptocurrency exchange in terms of the daily trading volume of cryptocurrencies, the popularity of the Binance coin does not come as much of a surprise.
Predictions across the crypto market suggest that the coin could become the next big thing after Ethereum. Data as of December 18, 2022, show that BNB has a circulating supply of 163, 276,974.63 and a total supply of 200 million
The coin which traded below $30 just about two years ago currently trades at over $200, and much more is still expected from it as investors look forward to an end to the current crypto winter.
