Binance lists iExec RLC (RLC) and Vibe (VIBE) on its exchange

Janica San Juan 14 January 2018 NEWS


Two new cryptocurrencies join the Binance exchange.

Two new cryptocurrencies, Vibe (VIBE) and iExec RLC (RLC), have recently been added to the Binance exchange platform.

Binance currently features the list of the top 20 crypto exchanges by volume.

Some of the most popular pairs trading on the platform include GAS/BTC, NEO/BTC, BNB/BTC and ETH/BTC, according to the company. Starting two days ago, it is now possible to trade VIBE/ETH, VIBE/BTC, RLC/ETH, RLC/BTC and RLC/BNB pairs on the exchange.

VIBE claims to be the world's first crypto-based virtual or augmented reality marketplace and hub.

For transactions to happen, users need to use the VIBE which is an ERC20 token. The alternate reality it creates allows artists and educators to reach millions of viewers in one stream in VR.

iExec RLC is another new player on the crypto scene. It has the stated objective of formulating DApps operating on the blockchain with easy, secure and scalable access to computing resources.

It uses Ethereum smart contract technology and aims to be the first blockchain platform offering virtual cloud services for the ecosystem. Its native token, the RLC, is meant to allow access to the resources available on its market network.

Its listing on Binance also led to a price jump of about 70%. According to CoinMarketCap, the token is still on an upward trend. At time of writing it was trading at US$4.55, a 98% increment over the past 24 hours. Its market cap is currently approaching US$360 million.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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