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Binance Adds Little-Known Coin Dock, Price Skyrocket

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Mon, 07/30/2018 - 13:02
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Yuri Molchan
Binance launches Dock paired with BTC and ETH
Binance Adds Little-Known Coin Dock, Price Skyrocket
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On 30 July, the Dock (DOCK) coin, developed by the blockchain-powered platform for managing personal data, jumped up by over 50 percent thanks to the listing by one of the world’s largest crypto exchanges– Binance.

DOCK trading opened

Binance has launched two pairs for DOCK– against BTC and ETH. Users were able to make deposits ahead of the trading starting time.

Market response

On July 30 morning, DOCK was trading at $0.078. Several hours ago, the coin’s price had been just $0.05 and then after the Binance announcement came out, it soared by 55 percent.

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On the list of coins, DOCK holds position 214 by market capitalization, which equals $32 mln. Presently, the coin trades on four platforms. The majority of trades takes place on Kucoin against BTC and ETH, then comes the Gate.io exchange, where DOCK is paired with USDT.

Dock platform

Dock is based on the Ethereum Blockchain and it offers users services of secure storage of their personal data in a cloud. It also offers encryption and an opportunity for customers to monetize their personal information.

The coin itself is also an Ethereum-powered ERC20 token, which is used the means of payment on the platform.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.