Binance cryptocurrency exchange announced the listing of the Polkastarter (POLS) token on its platform, as well as its inclusion in the innovation zone. Today, 4 trading pairs will be available to users: POLS / BTC, POLS / BNB, POLS / BUSD and POLS / USDT, and you can make deposits in POLS tokens right now. So far, the POLS token is in the innovation zone and may carry certain risks for traders.
“The innovation zone is a special trading zone where users can trade new tokens, which may have higher volatility and pose a higher risk than other tokens,” explains the Binance website.
Immediately after the announcement of the listing of the POLS token on the Binance platform, the price of the coin increased by 2.65% to $ 3.67.
PolkaDot continues to compete with Ethereum
Polkastarter (POLS) is a decentralized fundraising platform powered by BSC and Ethereum. POLS is Polkastarter’s own utility token that is used to whitelist IDOs, manage, place bets, and mine liquidity. The launch of the launch pad for new projects was another step for the development of the ecosystem.
The Polkadot ecosystem token (DOT) has risen in price by more than 170% since the beginning of the year and for some time ousted XRP from the fourth month in the ranking by market capitalization. At the time of this writing, the DOT token is trading at $ 36.59, and the total capitalization exceeds $ 36.4 billion. The project is rapidly gaining popularity as an alternative to Ethereum in the decentralized finance (DeFi) segment. At the moment, 127 projects have been created on the Polkadot blockchain.
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