invezz.com
Cryptocurrency exchnage Binance US has listed Astar Network (ASTR), with trading for the smart contracts platform’s native token going live today, 14 September 2022.
Deposits for the ASTR token opened at 8:00 EDT on 13 September, the platforms noted in a press release to Invezz on Wednesday.
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Astar Network founder and CEO Sota Watanabe commented on the listing:
“We are very excited to officially enter the American market through Binance US. Since closing our last funding round, led by US investors like Polychain and Coinbase, entering the US market has been a top priority. Astar already has a strong presence in Asia, especially Japan, and now we have an opportunity to follow suit in the US with our localized team.”
With the listing, ASTR is now available to US traders, and the exposure will help drive greater liquidity for the token across the markets. As per the announcement, Binance US will offer USD and USDT pairs when trading begins.
Binance US, the regulated affiliate of global cryptocurrency exchange Binance, adheres to a strict regulatory and assessment approach to listing via its Digital Asset Risk Assessment Framework. So far, the exchange has listed just over 100 digital assets, with ASTR the first crypto asset from Polkadot and the Kusama ecosystems to be listed on the platform.
The Astar Network supports dApps and is compatible with the Ethereum Virtual Machine (EVM) and WASM smart contracts. The network offers a Build2Earn ecosystem, with interoperability, for cross-consensus messaging (XCM).