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Binance CEO Thanks Coinbase for Supporting Matic and Decred  

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Tue, 08/06/2019 - 18:36
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  • Matic (MTC) ended up being one of the best-performing cryptocurrencies with a 48 percent price increase

Cover image via U.Today

Changpeng Zhao, the CEO of crypto behemoth Binance, has recently expressed his gratitude to Coinbase for supporting two of the projects launched on his platform (Matic and Harmony) along with Decred, Waves and other coins.

CZ believes that the leading cryptocurrency exchanges should work together to propel the development of the crypto industry.      

On Aug. 5, Coinbase, which is spearheaded by Brian Armstrong, announced that it was exploring the addition of eight new digital assets.

The list includes Matic Network (MTC) and Harmony (ONE), the two IEOs that graced the Binance Launchpad platform.

MTC and ONE surged 48 percent and 8.60 percent respectively after the news hit the web, according to CoinMarketCap data.        

As reported by U.Today, CZ claimed Binance had very good relationships with the San Francisco-based exchange and praised it for legitimizing crypto in the US.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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