Connect with us

NEWS

Streamr’s DATA Token Now Listed on Leading Cryptocurrency Exchange, Binance

Streamr’s DATA Token Now Listed on Leading Cryptocurrency Exchange, Binance

Announcement follows the launch of Streamr’s real-time data Marketplace

Zug, Switzerland – Streamr, the blockchain-backed data platform, today announced that its token (DATA) has been listed on Binance, the largest cryptocurrency exchange in the world by trading volume.

The announcement comes at a time of great vibrancy within the Streamr community, following the launch of Streamr’s real-time data Marketplace in May 2018. DATA is available for trading immediately.

Commenting on the announcement, Henri Pihkala, CEO and Co-Founder of Streamr said, “This listing is yet another vote of confidence for the Streamr project and our long-term vision. Having just launched our Marketplace in May, the listing of DATA on one of the world’s leading exchanges is another big 2018 milestone for our project.”

Launched in July 2017, Binance provides users with a secure and liquid marketplace for cryptocurrency trading in major cryptocurrencies. With a certified matching engine capable of processing 1.4 million orders per second, Binance is one of the fastest cryptocurrency exchanges available.

Streamr’s Marketplace is a web-based application where data providers can list real-time data streams, and data consumers can subscribe and pay for access to those data streams. Terms of use, pricing schedule, and time-based access control, are coded in Ethereum smart contracts. By using Streamr’s cryptographic token, DATA, it is possible to make data streams around the globe freely tradeable.

“Given that our community is our most valuable asset, we want to grant them increased accessibility to our DATA token and create the most seamless Marketplace experience possible. Our aim is to give organisations and consumers back control of their own data, and having a reputable name like Binance behind us gives us the added layer of credibility to be the enablers of genuine empowerment,” concluded Pihkala.

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Recent Posts