Binance
Binance is the world’s most crucial crypto exchange trending today. It’s considered the best because it boosts its trading volume numbers, which is believed to be very genuine. The CND/BTC pair was included in binance on 11th December 2017. Cindicator has had a circulating supply of 1.9 billion coins, while the total amount is 2 Billion coins. Currently, the Cindicator price is at $0.00669, with a ratio of 1BTC=1370343.83 CND. Cindicator has the most substantial trading volume in its trading platform with three different pairs, like the CND/BTC, CND/BNB, and CND/ETH.
According to performance, BTC tends to align with CND, and they have tried to hold a consistent value. CND attempts to outperform BTC over the last few years. Cindicator is outperforming compared to different time scales with its printing 40.98 and 99.18 percentage growth compared to BTC, which has had a 2.0 and 14.65 percent increase when compared in the same time scales.
Comparing the two currencies, we get that CND has revived and gained more investor interest making the pair to be outstanding in the Cryptocurrency market. The pair is likely to obtain a distinct trend in the few years because bitcoin performance has been awe-inspiring, attracting more investors—97.4 % of the total trading volume in binance represented by Cindicator all over the globe.
For instance, the percentage of bitcoin’s circulating supply that has not moved in at least 12 months has reached a record high of 61.59% on Monday. The figure surpasses the previous lifetime high of 61.13%, according to blockchain intelligence firm. The price range for bitcoin ranged from $9000 to $9115. When a pair gains momentum, it attracts more investors hence being considered by many in the Cryptocurrency market.
Around the world, binance is considered the best, with 97.4% total trading volume. Binance is the most current trading market of the pair. CND/BTC is utilized by investors who want to have liquidity. It aims to have the attention of buyers and sellers who want to invest in Cindicator and Bitcoin. Those investors willing to buy Cindicator are freely allowed, and those who want to do an exchange with the bitcoin are easier with the platform.
The exchange of a pair of currency can influence economic, political, and social activities. Hence performance may not be the same at all times. The CND/BTC pair has outperformed other pairs with its strong influence in the market. Binance accepted the Cindicator because it new its potential in the market.