Binance, the world’s largest crypto exchange, has officially listed Dusk Network (DUSK), a privacy-oriented blockchain protocol that anyone can use to create zero-knowledge dapps, on its main exchange.
New Binance listing!
— Binance Research (@BinanceResearch) July 22, 2019
According to the announcement, Binance added the BEP-2 version of DUSK with DUSK/BNB, DUSK/BTC, DUSK/USDT, DUSK/USDC and DUSK/PAX pairs at 6:00 AM (EDT) this morning. Users can also deposit ERC-20 DUSK tokens to their ETH deposit address.
“Due to their use of zero-knowledge proofs, companies and projects are able to create real-world applications that can adhere to strict compliance requirements, whilst still offering data privacy,” reads Binance’s research report on the project. “Dusk’s adoption strategy focuses on the security token market, which is in need of a purpose-built blockchain.”
DUSK is currently up over 32% following the listing, giving the altcoin a $16 million market cap.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.