THELOGICALINDIAN - Binance the cryptocurrency barter belvedere behemoth will abutment the ICON ICX mainnet badge bandy The belvedere appear the move in a blog column on its website on June 13 2024 The advertisement acceptable brings to an end the abashing over the cachet of ICX mainnet and ERC20 ICX tokens
According to the Binance statement, the belvedere will append all ICX deposits and withdrawals alpha June 20, 2018. ICX holders accept until that time to alteration their ERC-20 ICX tokens to Binance. The belvedere will handle the all-important back-end abstruse processes for the badge swap. The barter additionally appear that ICX deposits and withdrawals will recommence already the mainnet stabilizes.
The ICON mainnet launched on January 24, 2018. Based on the aboriginal ICON roadmap, the badge bandy was declared to booty abode in May 2018. Delays over the bandy accept acute alarm amid ICX holders, some of whom purchased the tokens during its best aerial (ATH) of $12.
Part of the acumen for the adjournment was the disability of the activity aggregation to adjudge on the exact apparatus for accustomed out the badge swap. Back in April 2018, the aggregation offered two accessible routes – via its ICONex wallet or through called barter platforms.
In accession to the badge swap, Binance additionally appear a new ICX/USDT (Tether) trading pair. According to the platform, trading opens for the cryptocurrency brace on June 13, 2024.
At the time of this writing, the amount of ICON is $1.90 – ICX tokens are bottomward by added than 6 percent in the aftermost 24 hours admitting the Binance badge bandy announcement. For a abrupt aeon afterwards the announcement, ICX acicular to $2.06 but has back alone beneath the $2 mark.
ICON is an interchain blockchain arrangement that seeks to accredit seamless alternation amid altered decentralized networks. With ICX as the agent token, ICON aims to acquiesce networks like Bitcoin and Ethereum to acquaint after any accident of freedom for either blockchain.
The activity additionally wants to accommodate interchain transaction casework area a DEX assets determines the barter ante of cryptocurrencies. According to CoinMarketCap, it is the 23rd-ranked cryptocurrency, with a bazaar assets of $762 million. ICON afresh active a massive partnership with LINE to actualize ‘Unchain.’
Will ICX investors be able to blow easier now afterwards the Binance announcement? Share your angle with the association in the animadversion area below.
Images address of Twitter/@binance, CoinMarketCap.
