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Binance lists Selfkey [KEY]: Minor coin, major pump!

Simran Alphonso



Binance lists Selfkey [KEY]: Minor coin, major pump!
Source: Pixabay

Binance clears a path for the digital currency financial specialists and crypto-investors. The organization started in 2014 and has become one of the biggest, multi-dialect trade stage. Binance is known to charge lesser exchange expenses than its rivals for exchanges and security. The exchanging stage has assumed a noteworthy part in the digital currency showcase and has likewise been hypothesized to be the motivation behind why coins pump up after their listing on Binance.

Binance tweeted as well as announced on their official website saying:

“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.”

The coin had a moderate scale in the market as soon as Binance announced its listing the coin pumped up and faced a hike.

Source: CoinMarketCap

Selfkey [KEY] coin, before the announcement, had a market cap of $13 million which hiked up to $17 million post the announcement and continues to grow, at the time of press.

SelfKey is a blockchain based self-sovereign identity system that allows individuals and companies to truly own, control, and manage their digital identity. While it also securely manages their cryptocurrency portfolio and instantly onboard onto financial, immigration and cryptocurrency services.

According to CoinMarketCap, Selfkey [KEY] has jumped over 20 ranks till now and currently ranks at #271. At the time of writing, the coin has seen a pump of 12.03% in the past 1 hour with a hike of 37.17% in the past 24hours., along with the weekly cap that runs green with 27.64%.

At press time, KEY has the trading price of $0.0097 and the market cap of 19 million, the coin has increased its market cap from 13 million to 19 million under the span of 4 hours from listing on Binance.

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Simran Alphonso is a Journalist at Ambcrypto. She has a background in Financial Markets and holds expertise in Digital Marketing.



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