The largest cryptocurrency exchange Binance will release on the basis of its own blockchain several tokens tied to cryptocurrencies. The first such coin will be BTCB – bitcoin-provided token standard BEP2.
Introducing: #Bitcoin -Pegged Token on #Binance Chain
This is a number of crypto-pegged tokens on the coming days, starting with $ BTCB , a BEP2 token pegged to $ BTC .
Would you like it? https://t.co/aohKP8cRhf
– Binance (@binance) 17 chervnya 2019 r.
The company's blog says that BTCB will hit the market in the coming days. It will be 100% secured with “digital gold”, while the addresses of its reserves are open and available for auditing . To date, Binance has already issued 9001 BTCB coins .
With the launch of a new token on the Binance.com platform, the BTCB / BTC trading pair will appear. According to representatives of the company, the new token will increase liquidity and trading volume on the exchange. In addition, the company is exploring the feasibility of listing BTCB on the Binance DEX non-custodial platform.
Earlier, BlockchainJournal reported that the Binance DEX non-custodial exchange will hold a primary exchange offer.
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