Exchange News- Trade SAND/USD and SAND/USDT starting in Binance on October 5, 2022.
- Deposits are now available for SAND to enable trading of SAND/USD and SAND/USDT.
Binance, the world’s leading blockchain ecosystem, and cryptocurrency exchange announced that it would list Sandbox (SAND). According to Binance, deposits for SAND are now open in anticipation of trading in SAND/USD and SAND/USDT. The Sandbox trading on Binance will go live on October 5, 2022, at 5 am PDT, and the withdrawals will be permitted.
In the virtual world of The Sandbox, users can create, manage, and profit from their gaming activities using non-fungible tokens (NFTs) and SAND, the Sandbox’s usage token. And The Sandbox has its own metaverse features that allow users to develop, share, and monetize their assets and game experiences.
Binance Effect on the Crypto Market
Following the announcement that it has been added to the Binance exchange, the Sandbox coin SAND likely experience a decent price increase. At the time of writing, SAND traded at $0.8616 with a trading volume of $178,990,435. Within 24 hours, Sandbox has increased by more than 3.45%, with a market cap of $1,291,522,482, as per CoinMarketCap.
Furthermore, Binance added Ripple (XRP) to its dual investment products on October 4, 2022, as its XRP price has risen by over 4.6% in the last 24 hours, and around 43% in the previous month. Moreover, recently the exchange implemented the Terra Classic (LUNC) burn tax, which triggered the LUNC price. At the time of writing, LUNC traded at $0.0003141 with a price surge of more than 25% in the past month.
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Source: https://thenewscrypto.com/sandbox-sand-will-be-available-for-trading-on-binance-us/