Binance Amplifies Crypto Landscape by Introducing Trading for a Revolutionary Multichain Oracle
by aria-crypto.com
March 7, 2025 at 18:21
Binance Amplifies Crypto Landscape by Introducing Trading for a Revolutionary Multichain Oracle
Binance, the world's leading cryptocurrency exchange by volume, has recently begun support for a novel multichain oracle altcoin called RED. RED is the native cryptocurrency of RedStone, which describes itself as the fastest-growing blockchain oracle, currently servicing over 80 blockchain networks. In 2024 alone, RedStone has witnessed its user base expand by more than 500%, and the Total Value Secured by the platform has soared by over 6,000%. This robust growth is supported by RedStone's innovative tokenomics, from which RED holders can earn real yield by staking their tokens. Traders interested in RED should note its seed tag designation by Binance, indicating potential high volatility and the requirement to pass periodic quizzes to trade it. This listing, although delayed by Binance for three hours due to last-minute changes by RedStone, marks a significant step in the integration of advanced oracles in crypto trading markets. Despite its potential, RED saw a price decline of over 27% on its first trading day, priced at $0.68.
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