Issued natively on the Ethereum and BNB Chain, AEUR intends so as to add assist for extra blockchains within the close to future.
Binance, the world’s largest crypto alternate by buying and selling quantity, has introduced the launch of Anchored Cash EUR (AEUR) stablecoin. In response to the announcement, customers might start buying and selling the brand new stablecoin on its platform right now by 10:00 (UTC). For a begin, nevertheless, solely 4 buying and selling pairs can be supported. They’re AEUR/USDT, BTC/AEUR, ETH/AEUR, and EUR/AEUR.
As Binance generally does its listings, withdrawal of AEUR can be delayed for at the very least a day. Which means that, whereas customers might begin depositing AEUR instantly, withdrawals is not going to open till 10:00 (UTC) on Tuesday.
Binance Introduces Zero Buying and selling Charge Promotion
In celebrating the brand new launch and as a part of its dedication to enhance buyer expertise, the blockchain large has additionally floated a promotional provide. Per Binance, its promotional provide can be divided into two folds.
First is the AEUR Zero Maker Charge Promotion. In response to Binance, customers will get pleasure from zero maker charges on any of the 4 spot buying and selling pairs in addition to all present pairs.
The opposite promotion is that AEUR can be included in its Zero Buying and selling Charge Promotion. On this provide, customers will get pleasure from zero maker and taker charges on the AEUR/USDT, BTC/AEUR, and EUR/AEUR spot buying and selling pairs.
Binance says the promotional provide will proceed to be legitimate till additional discover is handed. At this level, normal maker charges will then be returned, signaling the top of the promotion, Binance claims.
Anchored Cash EUR (AEUR) Not Anchor Protocol (ANR)
AEUR is backed 1:1 by the bodily Euro and is issued by Anchored Cash AG. The thought behind it’s to offer a safer and extra secure choice to buyers who need to do away from the volatility of crypto.
Issued natively on the Ethereum and BNB Chain, AEUR intends so as to add assist for extra blockchains within the close to future.
Apparently, nevertheless, the itemizing of AEUR on Binance may need introduced a value surge for the Anchor Protocol (ANC) token. For individuals who can’t differentiate, ANC is a wholly completely different token that solely shares an identical title with Anchored Coin’s new stablecoin. Reacting to the newest report on AEUR, the value of the ANC token has pumped over 12% up to now 24 hours. As of publication, it was buying and selling at $0.02291, in accordance with CoinMarketCap data.
