Bytecoin Listed On Binance — Price reached the MOON

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Bytecoin (BCN) is experiencing a 114% increase after being listed in Binance, one of the most important virtual currency exchanges in the market. Crypto currency enthusiasts have decided to bet on this virtual currency that now is the 15th virtual currency by market capitalization.

The most important trading pairs at the exchange are BTC/USDT, ETH/USDT, and ETH/BTC, accounting for 23% of the total trading volume at Binance.

The information has been released by Binance some hours ago

About Bytecoin

Bytecoin is an open-sourced, private and untraceable virtual currency that was launched back in 2012. It is the first cryptocurrency to implement the CryptoNote technology as a default aspect to build a project. The currency was widely spread in the dark net as one of the most popular available methods for payment.

One of the main features of this cryptocurrency is that as soon as the transaction appears in the blockchain it cannot be viewed by anyone. Moreover, it offers unlinkable transactions, that make the blockchain resistant to being scanned, stealth addresses that hide the sender and the recipient.

At the same time, it offers ring signatures which can be created by someone from a group of users. But it is unknown who exactly the signer is.