Streamr and Binance are now partnered, with the former showing the latter’s trading feeds on its website, a post from CoinTelegraph has revealed.
For those who don’t know, Streamr is a space self-described as one that makes “data more available, fair, and valuable for all.” Essentially, the platform shows data such as the position of the ISS Space Station or the amount of tweets about the Top 10 cryptocurrencies.
Now, it will be showing Binance feed data.
The point? Well, it’s incredibly useful for traders. After all, realtime trades and tickers for Binance trading pairs can help provide a real look at what’s been going on. This can ensure users form more advanced trading strategies, and they can automate their trades based on this information as well.
However, Binance’s page on Streamr notes that this feature is experimental and that traders should use them at their own risk.
The page showcases around 1,570 streams as of this writing, including DLT/BNB trades, XLM/ETH trades, BTS/BNB trades, and more.
Binance has been in the news a bit lately. For example, the world’s largest cryptocurrency exchange has hinted at launching a Bitcoin Options feature, according to a tweet from the platform’s own CEO, Changpeng Zhao. InsideBitcoins has previously reported on this.