Binance listing

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    A cryptocurrency can benefit immensely by being listed on binance. Dogecoin, one of the oldest cryptocurrencies, suddenly saw a 30% increase in its price after it was merely confirmed that Dogegoin will be traded on Binance.

    It only took 30 minutes for the 30% price increase to occur. Dogecoin, which is now worth $503 million, was started as a joke cryptocurrency back in the early days of bitcoin.

    Binance can charge large sums of money to any company that wants its currency to be listed on their exchange.

    Answered on August 7, 2019.
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