The past week has been favorable to crypto and major coins recorded notable gains. The BNB token went up by 2.3% following the launch of Binance’s Japan subsidiary. Meanwhile, Tradecurve (TCRV), an upcoming giant, is winning investors over and over by offering features that may beat Binance. Its ongoing presale is now in the fifth stage and the TCRV token has gone up by over 150%.
BNB Gains on Binance Japan Launch
The top ten non-stablecoin tokens gained in early August trading in Asia, with BNB leading the winners. The Binance Coin (BNB) price surged by 2.36% to $247.07 on Wednesday, August 1, after its issuer, Binance, launched in Japan.
The launch of Binance in Japan marks the first time that BNB has been available in the country. The Japan exchange now offers 33 tokens, including BNB, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Solana (SOL).
Norbert Gehrke, author of the Japan Fintech Observer newsletter, said that the depth of coins offered on the Binance platform could spell bad news for Japan’s smaller exchanges. However, the launch of Binance in Japan comes at a time when the company is facing regulatory scrutiny in the United States.
In February, the Commodity Futures Trading Commission (CFTC) sued Binance and its founder, Changpeng Zhao, for “willful evasion” of U.S. laws. On August 2, CoinDesk reported that the U.S. Department of Justice (DOJ) is considering fraud charges against Binance.
The report sent the BNB price tumbling, but some analysts believe that the DOJ is unlikely to pursue charges against Binance because of the risk of a market crash. This ongoing issue with the authorities is the reason many people are looking for alternative exchanges that are not bound by the law like Tradecurve.
Tradecurve (TCRV): Crypto Exchange without Limits
Tradecurve, a new hybrid crypto exchange, has launched its token presale. The platform offers a unique combination of centralized and decentralized features, making it a promising option for traders of all levels.
Tradecurve‘s hybrid model allows users to enjoy the security and reliability of a centralized exchange, while also maintaining the privacy and anonymity of a decentralized exchange.
In addition to its unique model, Tradecurve also offers a number of innovative trading tools. These include AI-driven trading systems, copy trading, 500x leverage and more. The platform is also creating a distinct trading academy to help train inexperienced traders and enhance the skills of pro traders.
Furthermore, the TCRV token presale is currently underway. Tokens are available for purchase at a price of $0.025 per unit, which is a 150% increase so far. Also, more than 17,000 people have subscribed to the project, signifying a growing interest. Impressively, industry experts are predicting that the token could reach a price of $1.00 after the presale ends. This represents a potential increase of over 5,000%.
For more information about the Tradecurve (TCRV) presale: