Bitcoin and cryptocurrency exchange Binance is listing a new altcoin. The Exchange adds Tranchess (CHESS) to its platform. Impacted by the news of the listing, the altcoin price soared and surged more than 170 percent. Cryptocoin. com, we have compiled the details for you, let’s examine the subject together…
Binance lists a new altcoin: Tranchess (CHESS)!
Leading Bitcoin and cryptocurrency exchange Binance is listing a new altcoin. Borsa İstanbul announced that it will add Tranchess (CHESS) to its platform with the following words:
With the effect of the listing news, the price of crypto money flew!
In the continuation of its statements, Binance points out that crypto money is a relatively new altcoin with high risk:
CHESS is a relatively new cryptocurrency with higher-than-normal risk and will therefore likely be subject to high price volatility. Please make sure you practice adequate risk management, do your own research on the fundamentals of CHESS, and fully understand the project before trading. CHESS Listing Fee: 0 BNB.
Impacted by the news of the listing, the altcoin price soared and surged more than 170 percent. Tranchess (CHESS) continues to rise at the time of writing.
What is ?
Tranchess is a derivatives trading protocol and tokenized asset management platform on Binance Smart Chain (BSC). CHESS is the protocol’s management token and can be used to vote on governance proposals. CHESS holders will also receive 50% of the fees generated by the protocol as weekly discount rewards.