BNB Huge rebound after Binance announcement of creation 'New Decentralized Exchange ' today!
BNB overshoot $11 today after Binance announcement of its launching a public blockchain to facilitate the creation of a new decentralized exchange.
The cryptocurrency exchange said the move forms part of a plan to transition from "a company to a community" by developing its new Binance Chain, which will be used to transfer or trade different blockchain assets. In addition, the company announced it would essentially shift its Binance Coin (BNB) to its own native blockchain (right now the coin is an ERC20 token that runs on the ethereum network).
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make
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thanks for the update, glad somebody's keeping us in the loop!
Thanks, that what I do on steemit, trying to share the latest news and trading opportunities to the community.
jeez I'm getting old, I literally didn't understand half the words in your post
public blockchain...decentralized exchange...Binance Chain...blockchain assets...ERC20 token...ethereum network...
one of these days I'm going to have to get a book or something and start learning all this :-)
btw did you manage to make anything out of that spike ? looked like a good opportunity if it was possible to catch it
No, did not catch the spike, but I heard Binance plan to move to decentralized exchange if required about 1 month ago, but just don't know when it will happen. I think it is because the rumors of Binance hacking speed up this process.
good post, also your avatar is from saint seyia or im wrong? didn't watch this like 15 years..
Well spotted, I was born on 31 August, now you understand why I put Shaka there ^_^