đšNEW Binance announces new cryptocurrency to be listed: Trading opens todayđš
âBinance, the world's largest cryptocurrency exchange, has announced the listing of the Pyth Network (PYTH). The token, which will be opened for trading today at UTC 12, will be traded in the pairs PYTH/BTC, PYTH/USDT, PYTH/FDUSD and PYTH/TRY.
đPYTHON deposit operations have also started. The shooting will start tomorrow at UTC 12.
đThe Pyth Network is known as a decentralized financial "oracle" that provides real-time market data on the chain in a secure and transparent way without third-party intermediaries.
đAfter the announcement, the PYTH gained more than 25 percent and is trading at $ 0.5 at the time of writing the news.
It is also noteworthy that the PITH, which has a supply of 10 billion tokens, has only 1.5 billion tokens in circulation.
đšBinance will list PYT in the "seed category" where cryptocurrencies are considered risky assets. Cu included in this category are generally known as innovative projects in addition to having highvolatility.