Binance announcement to support EOS MainNet token swap

Binance is the fastest and one of the leading exchanges for cryptocurrencies in the world. In a short duration of 5 months, it has gained the 10th position among other top volume cryptocurrency exchanges/platforms. It is extremely popular because of factors such as multiple language support, neat user interface, and fast processing orders. This exchange only allows trading of cryptocurrencies, and thus, it is not available for any Fiat wired deposits.

Binance officially tweeted and confirmed stating that:

“We will support the EOS MainNet Token Swap. We will handle all technical requirements involved for all users holding EOS.”

Binance’s tweet

Evan, a Binance user quoted:

Binance’s official announcement

Brief Note on EOS:

EOS.IO is a software that introduced blockchain architecture designed to allow vertical and horizontal scaling of decentralized applications.

The software provides – accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. As a result, the technology is blockchain architecture with the potential to scale millions of transactions every second. It eliminates user fees and enables fast and simple deployment of decentralized applications.

The circulating supply of EOS is 649,239,180 with a market capital of $3,916,380,432.

Alasendra, a frequent Binance user quotes:

“Binance is probably one of the best and easiest to trade your currencies. I have not faced any major issues till date. Good work team, keep going, we have got your back.”

Binance is probably one of the rare exchanges with multi-language assistance to its users. It recently upgraded many language translations.

Binance had also recently announced that it will offer $25,000 bounty on the arrest of hackers involved in the attack on March 7th, 2018. Binance stressed the importance of a concentrated effort to address crime and unethical behavior in the crypto community.

Michael Shwartz, a market observer tweets a compliment as a support to the team:

“You are a good Company, so let us rock and roll!

Source: Read Full Article

Leave a Reply