Binance DEX launch and BNB migration from Ethereum blockchain

Cryptomaniac
By April 23, 2019 12:01
Binance-coinconomist

Cryptocurrency exchange Binance has announced the launch of a decentralized platform Binance DEX.

It should be noted that users already have access to a web purse, a blockchain browser, an REST API, and an accelerated Node. Trade unfortunately is still unavailable. It will start after the listing of the first trading pair.

Exchange representatives also asked not to list tokens yet in the early days of the Binance Chain, noting:

“We all want to make the Binance Chain successful, but let’s do one step at a time.”

Also today, the migration of BNB tokens from blockchain Ethereum to its own native BEP2 Binance Chain network has taken place.

Upon completion of the swap, addresses for depositing in BNB have been updated. ERC-20 BNB tokens may still be credited to Binance, and they are automatically converted into assets of the BEP2 standard.

It is noted that the exchange also opened the opportunity to withdraw coins.

Read also – Developer ETC about connecting with Ethereum

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Cryptomaniac
By April 23, 2019 12:01