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    Home » Binance Exchange launched DEX and transferred BNB tokens to its Binance Chain

    Binance Exchange launched DEX and transferred BNB tokens to its Binance Chain

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    By BlockchainJournal on April 24, 2019 News
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    The Binance cryptocurrency exchange announced the transfer of all BNB tokens to its own blockchain and opened the possibility for its customers to place and withdraw funds from their accounts.

    At the same time, the Web Wallet 55 , Explorer 53 , REST API and accelerated nodes services related to Binance Chain and the decentralized trading platform Binance DEX began to work. It is reported that trading on Binance DEX will start after the listing of the first trading pair, which will be named later.

    . @Binance Chain / DEX related services;

    – Web Wallet
    – Explorer
    – REST API
    – Accelerated Nodes

    Are now LIVE!

    The trademark will be listed at a later date (TBA). https://t.co/003nYLLVX4 pic.twitter.com/yRI9Yq2MNn

    – Binance DEX (@Binance_DEX) April 23, 2019

    Binance representatives noticed that after the migration of tokens, the addresses for the BNB location will change, but the ability to place the original ERC-20 tokens on deposits will remain – they will be automatically converted to the Binance Chain network.

    From listing tokens to stabilizing Binance Chain, which may take several days, Binance recommended refraining.

    Against the background of this news, the price of the BNB token briefly rose to $ 24.70 per unit, and at the moment the cryptoactive asset is being traded at a price of $ 24.53 per unit.

    Recall that the launch of the Binance Chain blockchain available in test mode from February and plans to change the core network for BNB's own token, representatives of the crypto-burg said a week ago. Mithril, Red Pulse and Atomic Wallet also decided to migrate to Binance Chain.

    Publication date 04/24/2019
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