March 28, 2024

Binance launches Ontology-linked ONT-33D token on its blockchain

Cryptocurrency exchange Binance has announced the launch of the BEP2 ONT-33D token on the Binance Chain blockchain.ONT-33D is bound toOntology cryptocurrency (ONT) in a 1 to 1 ratio.

ONT-33D token released for tradingon the decentralized platform Binance DEX. Trading pairs with this asset will be available from April 21. At the initial stage, Binance will issue about 1.5 million tokens, then continue issuing depending on market demand.

According to the exchange, Binance DEX will be the firsta platform where ONT holders will gain access to decentralized trading services. Traders will have the opportunity to trade ONT, fully controlling their assets, expanding the options for using this cryptocurrency and increasing its liquidity. To start trading ONT-33D, users are invited to download the Trust Wallet application.

Let us remind you that this month the exchangeBinance has unveiled an over-the-counter trading platform and is also preparing to launch its own mining pool. Additionally, last week the Binance Chain developers released the Binance Smart Chain Parallel Blockchain White Paper with smart contract support and Ethereum Virtual Machine (EVM) compatibility to enhance the functionality of Binance Chain.

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