VAT is listed at Binance and Huobi and brings Terra to $ 100-

VAT is listed at Binance and Huobi and brings Terra to $ 100-

VAT, the most important stable coin of the Terra project, is integrated in Binance and Huobi, two stock exchanges leading according to trading volume, and extends the options that have users for trading with stablecoin. After these announcements, the price of Luna, the governance asset of the Terra project, broke through its previous all-time high and rose over $ 100 in its history for the first time in its history

UST attracted attention from Huobi and Binance

VAT, the most frequently used stable coin from the Terra project, has reached a milestone after two stock exchanges leading according to trading volume have included them in their platforms. Huobi, an Asian stock exchange, announced. Trading with the new currency, whereby platform users are offered 210,000 VAT.

Binance also Registered the listing of the stablecoin on the same day Various Ust-Tradenpaare offers: Ust/ btc , ust/ usdt . In contrast, Huobi only confirmed a trading couple, to usdt . The news was well received by Do Kwon, founder and CEO of Terraform Labs, and celebrated it. Specification :

Now there is literally no reason to suspend your internet money to a risk of censors. Nice holidays, everyone!

luna breaks record values ​​again

The market capitalization of the Terra Stablecoin has In the past week alone, significant growth from 8.8 billion US dollar on almost 9.8 billion US dollars on the 24th December. Shortly after the announcement of Binance, more than 200 million VAT were issued. Depending on the dynamics of the output of the token, this could have influenced the price increase from Luna.

luna, the governance token of the Terra project, is used to shape VAT. Since more VAT is shaped, the range of Luna shrinks, which makes it a shorter product. Depending on the market situation, this can contribute to a hypothetical price increase.

After the LITUNG announcements, the price of Luna cheap , which broke out of a little more than 80 US dollar on December 20. This was, as Ust turned over by Ethereum, as The most valuable decentralized stable coin cryptocurrency project. Luna's price reached $ 100.84 yesterday, supported by the recovery of the general cryptocurrency market, and has since decreased to just over 95

What do you think of the list of VAT through Binance and Huobi and the recent price increase from Luna? Tell us in the comment area below.

sergio@bitcoin.com '

sergio goschenko

sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late in the game when he entered the cryptosphere in December 2017. He has a computer engineering background, lives in Venezuela and is affected by the cryptocurrency boom at the social level via crypto success and how it helps the non-banks and under-sector.

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