Binance has announced that its users are now able to trade ATOM, a token that is part of the newly-launched Cosmos blockchain. On Sunday, Binance CEO Changpeng Zhao praised the project for managing to earn a listing on his exchange without asking. Additionally, Cosmos paid no listing fees, suggesting that Binance is very interested in the project.
Here is a project that refused to even talk to an exchange about listing (and we have a good relationship with their tech guys), but we list it anyway.
Good tech wins!https://t.co/Zu0uQZuGH6
— CZ Binance (@cz_binance) April 28, 2019
Why Binance Loves Cosmos
It isn’t surprising that Binance is enthusiastic about Cosmos. Although Cosmos only went live last month, it was developed by Tendermint, which was well-known long before Cosmos’ mainnet launch. Binance has also been using Tendermint Core and the Cosmos SDK to power its new decentralized exchange, so it is natural that it is eager to support Cosmos.
However, it is quite a coincidence that Binance and several other exchanges…