Binance to become first exchange to list Blockstack's tokens

Exchanges • October 23, 2019, 11:58AM EDT
UPDATED: October 24, 2019, 9:11PM EDT
The Block

Cryptocurrency exchange Binance announced on Wednesday that it will be listing Blockstack (STX) starting Oct. 25.

At launch, the exchange plans on offering STX/BNB, STX/BTC, and STX/USDT trading pairs. The firm now accepts STX deposits in preparation for trading. 

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Binance will be the first exchange to list STX. According to Blockstack's website, as of now, users cannot purchase STX via any exchanges. However, U.S. investors are still not able to access STX through any "exchange or alternative trading system," according to Blockstack. 

STX is issued Blockstack PBC, the firm behind the Blockstack computing network and app ecosystem. Recently, Blockstack concluded the first Exchange Commission (SEC)-approved token offering under Reg A+. By September, the company has raised a total of $23.0M combined from Reg A+ and Reg S. 

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Celia joined The Block as a reporter after earning her BA in the History of Science from the University of Chicago. Having spent years pondering over why 2+2 cannot equal 5, she is interested in the history and philosophy of mathematics, computation, and cryptography. She also had a very brief stint at Crunchbase News.

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