Binance, the world’s fastest growing cryptocurrency exchange, has announced that LSK, the token of blockchain application platform Lisk, is tradable on Binance.com starting today. The listing on Binance allowing LSK holders to trade against BNB, BTC and ETH.
Lisk co-founder Max Kordek said: “Binance listing our token is a welcome development that illustrates the potential of our project and will allow us to grow in line with our considerable ambition.”
“This is an exciting step on Lisk’s journey and is in the best interest of current LSK token holders, as well as those seeking to join the community. As Lisk begins trading on Binance, with strong community support and our wonderful in-house team working around the clock, we are in a strong position to build the best platform imaginable and revolutionize how people use and build applications,” said Kordek.
Lisk, co-founded by Max and Oliver Beddows, is a blockchain startup running on its own blockchain, with its own cryptocurrency. Utilising simple JavaScript, Lisk democratizes blockchain technology by allowing users to build their own applications from the ground up. LSK, the cryptocurrency underpinning the Lisk platform, is the top cryptocurrency in Germany with a market capitalisation of over $700 million USD. Lisk conducted what many consider the first modern ICO, raising the equivalent of over $8 million USD, which at the time constituted the largest crowdfunding initiative in German history.
“We like the strategic approach of LISK’s results-driven team and its growing community. We believe the collective efforts of focused projects like this are necessary to move the blockchain industry forward,” says Changpeng Zhao, CEO of Binance.
“At Lisk, we are actively working to lower the barriers to entry for developers, allowing blockchain to be used by everyone, providing the tools and platform they need. Being listed on Binance will help achieve this and more,” Lisk CEO Max Kordek concluded.
About Binance
Binance is one of the fastest growing crypto asset exchanges in the world. Founded by a team of fintech and crypto gurus — it is capable of processing more than 1.4 million orders per second, making it one of the fastest exchanges in the market. The platform focuses on security, robustness, and execution speed — attracting enthusiasts and professional traders alike.
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