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Binance Freezes Trading with EOS to Launch a New MainNet Exchange | The Coin Shark

Binance Freezes Trading with EOS to Launch a New MainNet Exchange

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A new MainNet EOS cryptocurrency exchange will soon be launched, which the world’s largest exchanges will swap tokens owned by their users with. Binance will indefinitely stop trading, withdrawals and deposits of the EOS cryptocurrency, the ERC-20 standard.

One of the largest cryptocurrency exchanges Binance additionally presented new pairs of special purpose for EOS:

  • EOS [EOS] – Binance Coin [BNB]
  • EOS [EOS] – Tether [USDT]

Not taking into account the Instability of the market, these pairs will provide an opportunity for their users to conduct safe trading quickly. Experts argue that the launch of the central network will positively affect the cost of EOS.

According to the data from Binance, the exchange of EOS tokens of ERC-20 standard will start today. All trading operations will be available upon completion of the swap and launch of the EOSIO platform. The suspension of trading is necessary in order to transfer user funds from the Ethereum blockchain system to the EOSIO 1.0 blockchain system safely.

Users have nothing to worry about, since the swap will be carried out in accordance with technical requirements, as the representatives of Binance promise.

The new EOSIO 1.0 blockchain will be supported by Bitfinex, Kucoin, Cobinhood, BigONE, Bitbns, OCTBTC, CoinSpot, OKEz, BitMart, Mercatox, Zebpay, coinDCX and Kraken.

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