Binance Cryptocurrency Exchange Launches

Combined Altcoin Market

Bitcoin Binance, the largest in terms of trading, will rename the ETH market to the Altcoin Combined Market (ALTS).

From now on, the Binance Cryptocurrency Exchange adds two new trading pairs with the Ripple token (XRP) : TRX / XRP and XZC / XRP to the Altcoin Combo Market (ALTS), which will now be called the ETH trading market.

According to the company, the renaming was carried out in order to further add support for an even greater number of different listed cryptocurrencies.

“Please note that ALTS is not a new coin or token. This is a symbol of the new Altcoin combo market at Binance, ”the company warned.

The head of Binance Changpeng Zhao clarified that when adding new pairs to the altcoin market, preference will be given to projects that have participated in the charity of cryptobirds .

We will prioritize that they have donated to our charity at this project. Happy holidays!

– CZ Binance (@cz_binance) December 24, 2018

Recall that at the end of November, Binance introduced a new approach to trading with tokenized dollars, combining USDT and other stablecoins into a single market of “stable cryptocurrencies” (USDⓈ) . As representatives of cryptobirds explained, this will allow the site to support more trading pairs with steakcoats based on the base pair.

Share your opinion on this issue in the comments below.