Binance US, the US arm of the world's largest crypto exchange Binance, announced that it has listed a new altcoin.
Stating that this altcoin is Cudos (CUDOS), Binance US said:
“We are excited to announce that Cudos (CUDOS) is listed on Binance.US.
Deposits for CUDOS on the Ethereum (ERC-20) network are now live.
Trading on the CUDOS/USDT Advanced Trade pair will start tomorrow, i.e. August 16, 2023, at 02:00 PDT / 5:00 EDT.”
CUDOS rose 27% after the news.
What is CUDOS?
Cudos is a layer-1 blockchain infrastructure that provides a suite of decentralized cloud computing services that allows participants to configure and purchase computing resources from a distributed network of providers.
The CUDOS token is a governance token, clearinghouse token, and reward token at the heart of the Cudos ecosystem.
*Not investment advice.