On 20th August, a cryptocurrency exchange platform called HitBTC announced on Twitter that it has added another coin to its trading chart. Binance Coin [BNB], which is the native coin of one of the biggest cryptocurrency trading platforms, Binance, can now be traded on HitBTC. Moreover, BNB has been listed in pairs with Bitcoin [BTC], Ethereum [ETH] and Tether [USDT].
In response to the announcement, many fans, followers, and critics took to the comments section and wrote their opinions.
A Twitter handle by the name of HavenZone inc commented:
“Why would anyone buy $BNB from HitBTC? Know what they have on Binance… a $SC wallet that works… stop adding more pairs to scam people on before you fix what you claim to offer.”
Goraya Pinda, a cryptocurrency follower and enthusiast said:
“0 trading volume because of too high withdrawl fees of BNB…”
Another Twitterati, Crypto Cam wrote:
“Jesus, why would we trade it on @hitbtc when @binance trades it, AND is solvent”
HitBTC has been a part of multiple controversies, most of them emerging to the surface from customer complaints. One that recently caught the public eye was drawn to its path by John McAfee, the pioneer in security software and a popular influencer in the cryptocurrency space.
Last month, McAfee posted a series of tweets stating HitBTC as a cryptocurrency exchange whose policies act against the poor and have killed ‘an unknown number of people’. The influencer is also seen as a huge advocate of the Docademic [MTC] token that is backed by the ideology of free healthcare.
Despite the listing of the BNB coin to the HitBTC platform, the token has not experienced much change in its price in the market. In the past 24 hours, the price has dropped by 4.56%. At press time, BNB is trading at $9.59 with a market cap of $915.5 million. The coin is at a 16th position on the cryptocurrency rankings as per CoinMarketCap.
A few weeks ago, the Binance community also welcomed good news by making its first-ever acquisition of the Trust Wallet. The wallet is still a young product and was only launched in November 2017.