Nebulas price reacted to news of listing on Binance

Nebulas price reacted to news of listing on Binance

Today, Binance is adding support for Nebulas tokens to its list of tradable assets. The announcement of the listing increased the daily trading volume and the token rate.

Similar to EOS and TRON, Nebulas recently initiated the launch of its main network, and On May 7, the exchange of ERC20 tokens for the official new NAS coins began. 

The Nebulas project was launched in 2017 and promotes itself as a “self-developing Blockchain system.” The network can be used as a search engine and the development of your applications based on updatable smart contracts and dApps. The new capabilities of the network’s smart contracts exceed the capabilities of the Ethereum network and make it possible to monitor and evaluate the level of efficiency of blockchain projects. Many people, simplistically, compare Nebulas with the Google search engine, only for blockchain projects. The three main components of the platform - Nebulas Rank, Nebulas Force and Developer Incentive Protocol - make it possible to create a flexible ecosystem that can adapt to the current needs of developers. 

The Nebulas project was created by a team of strong and well-known specialists in the blockchain industry:

- Hitters Xu founder and CEO, member of the Google team. 

- Robin Zhong Co-Founder, Former Ant Financial Blockchain Platform Architect, Founder of Tongxinclub, Former Senior Development Director of Dolphin Browser

- Shu Shan Lead Developer, Ex-TOTFREE CTO, Former Dolphin Browser Developer

The Nebulas platform token serves as a medium of exchange between chains on the platform to pay transaction fees and maintenance fees. It has been listed since August 2017 with a starting price of $2. Now NAS ranks 45th, and against the backdrop of the news about the Binance listing, the coin rate increased by 15%, today the cost of one token is $4.93.

Market capitalization $224,372,055

Daily trading volume amounted to $42,417,800.

Several crypto platforms, including Huobi Pro, OKEx, have already added NAS support. Now Binance is joining them. Binance will open trading at 2018/06/28 08:00. 

The NAS token for Nebulas will start with three trading pairs NAS/BTC, NAS/ETH, NAS/BNB

Users can start depositing NAS coins into wallets with Binance exchange accounts. However, the exchange asks users to pay special attention that escrow is open for native NAS tokens, and NAS tokens based on ERC20 will not be accepted to deposit addresses.


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