THELOGICALINDIAN - One of the worlds better exchanges Binance has aloof appear that it will be acknowledging Icons ICX mainnet aural the accessible week
Binance Supports Icon Mainnet Swap
Binance has assuredly announced that it will be swapping the ICX ERC-20 tokens for the official mainnet coins, bristles months afterwards the official absolution of the mainnet.
Icon planned for the barter mainnet swaps to action beforehand this year, but Binance aloof got about to alive on the bandy action According to a post on the Icon’s official blog, the Huobi, OKex, Bithumb, and Upbit exchanges are additionally alive on acknowledging the ICX mainnet. Icon’s aggregation fabricated it bright that they are alive with these exchanges to ensure it happens as fast as possible.
To aid this swap, Binance has appear that all ICX deposits and withdraws will arrest on June 20th, ensuring that this bandy is as bland as possible. However, it seems that Binance will not cease ICX trading during this alteration period, agnate to what happened with the EOS mainnet release.
Due to the actuality that all trading on Binance is off-chain, there should be no botheration with client to agent trades on the Binance belvedere during the badge bandy process. When Binance begins the badge swap, it is accepted that the mainnet affirmation window will aftermost for a absolute of three months long, giving holders abounding time to get the tokens they deserve.
Users will not charge to do annihilation to access their mainnet tokens, with Binance administration all of the abstruse capacity apropos the swap. Once Binance finishes the bandy they will acquiesce for deposits and withdrawals to resume, accurately stating:
We will accessible ICX deposits and withdrawals afresh already we account the ICX mainnet to be stable.
In accession to acknowledging the badge swap, Binance has additionally appear that they accept aloof opened a USDT/ICX trading pair, abundant to the abruptness of some.
Icon has suffered forth with the cryptocurrency market, bottomward over 80% back its aboriginal January best high. Despite the amount decline, ICX’s amount saw a nice bang back Binance appear the above announcement, assault Bitcoin by over 9% on the day.
According to CoinMarketCap, ICX tokens are currently sitting at $2.08 U.S. and are up 9% over the accomplished 24 hours.
If ICX holders are still captivation the ERC-20 adaptation of ICX in their claimed wallets, it is brash that these users alteration them to a mainnet accurate barter to get the abounding amount of the token.
ICON – An Interoperability Focused Blockchain Project
For those who are unaware, Icon is a South-Korean based activity that hopes to advice affix absolute blockchains with one another, alleged interoperability. The affair of interoperability has been a key affair in the industry, with abounding assertive that this appropriate will be capital in approaching blockchains.
ICX is currently alive to affix a array of top cryptocurrencies projects, including Bitcoin, Ethereum, and Qtum. By acceptance altered chains to acquaint with anniversary other, Icon’s aggregation hopes to acquiesce for decentralized bread swaps and for the added ability and use-cases of absolute blockchains.
The badge bandy is a key allotment of Icon’s aggressive goals, with the bandy acceptance for users to access tokens on the mainnet alternation area all-encompassing development will occur.
