Binance has opened trading for KEY/BTC and KEY/ETH trading pairs on Wednesday. The coin prices hiked as soon as the announcement was made. After Selfkey (KEY) got listed on Binance, the coin prices surged from $13 million to $17 million and continues to grow. “Binance will open trading for KEY/BTC and KEY/ETH trading pairs at 2018/06/27 6:00 AM (UTC). Users can now start depositing KEY in preparation for trading.” wrote Binance on their website.
Binance is an international cryptocurrency exchange with over one million users and has presence in over 180 countries. As of January 2018 it was the largest crypto-exchange with a BNB market capitalization of $1.3 billion. It’s native coin is BNB runs exclusively on Ethereum blockchain. Binance is capable of processing somewhere around 1.4 million orders per second. This fact alone proves that Binance is one of the best exchanges of 2018. This coin has managed to rise even amidst the downfall of crypto market. Binance coin has mange to earn a position in the top 20 list on Coinmarketcap.
SelfKey is a blockchain based self-governed identity ecosystem. It enables companies and individuals to gain freedom, privacy and wealth through the complete ownership of their digital identity. SelfKey sanctions an identity wallet. Individuals and companies can control and manage their personal data using the wallet. It can securely manage their cryptocurrency portfolio and conduct transactions with certifiers and associated parties.
The SelfKey Identity Wallet is a solution to the problems posed by vulnerable centralized identity management systems. The wallet puts to rest the long winding KYC paperwork and financial accessibility troubles. The wallet helps to avoid the risk of massive data breaches by securing identity attributes and documents. It also promises security of cryptocurrency assets. The SelfKey’s native token, KEY powers the Selfkey ecosystem. The KEY token is an ERC-20 based cryptographic token.
Selfkey is currently ranked 316. According to Coinmarketcap, it is trading at $0.007323 at a trading volume of $ 3.3 million. It registers a market cap of $ 14 million and has seen a hike of 3.54% in the last 24 hours.
A mechanical engineer turned journalist, Shekar takes a keen interest in the study and analysis of cryptocurrencies and blockchain strategy. With the cryptocurrency world blooming in the recent days, he finds great interest in monitoring their growth and gathering every possible piece of information about them. He works as a crypto-journalist for the website Beyond Bitcoinx.