Binance has announced the listing of Oasis Network (ROSE) on its platform through a blog post. According to the announcement, Binance has listed Oasis Network with three different trading pairs, which are ROSE/BTC, ROSE/BUSD, and ROSE/USDT. The trading of ROSE pairs has already started on the platform as it went live on November 19, 2020, at 08:00 AM (UTC). Oasis Network has been designed to provide decentralized applications. And as per the network, they will be able to provide 1000 transactions per second. Binance Lists Oasis Network to Prevent Fraud and Protect Confidentiality Oasis Network has announced the listing on Twitter when it went live and stated that its community of node operators has processed the launch within a minute. Along with this, it has also asked its followers to check their blog to learn more about their vision. The network is committed to providing a completely scalable and private blockchain network. The reason why Binance lists Oasis to its platform is to prevent frauds from the network. Along with this, it also aims to protect the confidentiality of the data of its clients, in a completely decentralized manner. Supporting New Breed of Privacy-Preserving Applications According to the announcement made by Oasis Network, they are aiming to support this new generation of privacy-focused applications. Such applications are based on the user’s preferences and try to ensure whether their data is protected or not. Oasis Labs has joined Binance back in August 2020 to launch a CryptoSafe Alliance and a Decentralized Platform. Both of the firms are meant to prevent crypto fraud as there has been a subsequent increase in fraud when it comes to the crypto industry, in recent years. Moreover, Binance is hoping to prevent the confidentiality of each of its clients and also protect their sensitive data with it.
The post Binance Lists Oasis Network With Three Trading Pairs appeared first on Cryptoknowmics-Crypto News and Media Platform.
from Live Crypto News – Cryptoknowmics-Crypto News and Media Platform
