Binance Backs VeChain Token Transfer, Rolls Out New Coin Pundi X
Binance says it will work with VeChain to support its upcoming mainnet launch and token swap.
VeChain is set to begin launching its own blockchain and start the process of leaving the Ethereum network on June 30th.
Once the blockchain is fully up and running, all VeChain ERC20 token holders on Binance will automatically have their coins switched over to the new network.
#Binance Supports #VEN Mainnet Swap and Adds $VEN/USDT Trading Pair https://t.co/lu9bWYxXPy pic.twitter.com/0WkffcA3fC
— Binance (@binance) June 22, 2018
VeChain is a blockchain platform for financial services, supply chain management, products, information and enterprise solutions. You can find out more about the VeChain token swap here.
Binance has also followed through on its promise to list the new community coin-of-the-month winner.
Its customers voted for Pundi X (NPXS) to be the next coin added to the leading cryptocurrency exchange, and in turn, Binance has added NPXS/BTC and NPXS/ETH trading pairs to its platform.
Pundi X is working to create point-of-sale devices that make it easy to spend cryptocurrency in retail stores.