The cost of Decred increased in a few hours by more than 25% after the largest crypto exchange Binance announced the listing of cryptocurrency on its platform.
Binance announced that DCR/BNB and DCR/BTC trades will start on Wednesday, October 24 at 04:00 UTC, deposits are accepted now. Binance also noticed that listing on the exchange cost BNB project 0.
Thank you @cz_binance & @binance we're honored to have $DCR listed on your exchange! pic.twitter.com/9XR4UoxXJO
— Decred (@decredproject) October 23, 2018
Immediately after the appearance of information about the listing of Decred, which was trading around $39, the rate of cryptocurrency increased sharply and at the time of publication is $52.92.
Decred's cryptocurrency works on a hybrid proof-of-work and proof-of-stake algorithm designed to ensure a balance of opinions between miners and voters.
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