Binance Enable Australians to Buy Polkadot, Cardano, and PancakeSwap with AUD

Tuesday 23 February 2021, 1:00 PM AEST - 1 week ago

Amid the growing interest in digital currencies, Binance Australia, one of the largest Aussie cryptocurrency exchanges, has announced that it will list three more cryptocurrencies on its trading platform. The digital currencies mentioned in the tweet on Monday include Polkadot (DOT), Cardano (ADA), and PancakeSwap token (CAKE), which is based on the Binance Smart Chain.

Binance Australia could be listing these cryptocurrencies due to the increase in demand. Notably, these cryptos posted a moderate increase in the market value last week.

Buy Cardano on Binance Australia From Tuesday

Per the announcement on Twitter, the Polkadot, Cardano, and PancakeSwap cryptocurrency will be listed on the exchange on February 23. So, starting Tuesday at precisely 10:00 AM Sydney time, Australians on the platform will be able to buy and sell the cryptocurrencies right from the exchange using their AUD balance. 

Binance Australia allows Australian dollar deposits via PayID/OSKO today.

At the time of writing, the Polkadot crypto was traded at AU$44.65, while Cardano and PancakeSwap token traded at AU$$1.25 and AU$18.95, respectively, as per the Crypto News Australia coin price tracker. Concerning the BSC-based PancakeSwap token, it’s either Australians are so much interested in the cryptocurrency, or the Aussie exchanges are optimistic about it.

Swyftx Also Listed PancakeSwap

Binance Australia’s announcement for PancakeSwap comes about three days after Swyftx, another popular exchange in Australia, announced it was also listing CAKE on its platform. Swyftx listed the CAKE token alongside DODO, the native cryptocurrency of DODO decentralized exchange (DEX).

DODO is ranked among the 100th largest digital currencies. The DeFi token has a market capitalization of $531,954,155 from a circulating supply of 97,556,928 DODO. At press time, the cryptocurrency was trading at $5.61.

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