Binance Will Support EOS On-Exchange MainNet Token Swap for EOS Holders - Confirmed

in #eos7 years ago


We have all been wondering or hearing things related to this upcoming token swap/registry ever since EOS was launched last year.

Binance has officially announced that if you are holding your tokens on their exchange at the time the wallet snapshot is done and the EOS tokens need to be swapped, they will handle everything for you.

All info below.

Always risk of storing coins on exchanges, we know this, etc etc.......


Other wallets or ways to deal with this are already out and announced.

I will continue to post on this topic.

Here's the official release from Binance today:


https://support.binance.com/hc/en-us/articles/360001649171-Binance-Will-Support-EOS-MainNet-Token-Swap

--

Fellow Binancians,

Binance would like to confirm that we will support the EOS MainNet Token Swap. We will handle all technical requirements involved for all users holding EOS.

Thanks for your support!

-- Binance Team

2018/03/12


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Good info , Thanks , Just moved eos over to ledger but i may move it back to binance just before the snap shot , May just be easier that way

Great news was always worried about keeping my coins in binance, constantly send them off of exchange.

I am sorry, I do not understand what it means, do I have to move my SBD to Binance, how, I am very stupid about this,

Thank you for the help

No, you don't have to. This post only refers to if you are holding EOS tokens not SBD. EOS is still in its ICO phase. Eventually, people who hold EOS will have to swap out their current placeholder tokens for the real ones.

thank you for the explanation and information

EOS.IO is a software that introduced blockchain architecture designed to allow vertical and horizontal scaling of decentralized applications.

The software provides - accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and / or clusters. As a result, the technology is the blockchain architecture with the potential to scale millions of transactions every second. It eliminates user fees and enables fast and simple deployment of decentralized applications.

The circulating supply of EOS is 649,239,180 with a market capital of $ 3,916,380,432.

Alasendra, a frequent Binance user quotes:

"Binance is probably one of the best and easiest to trade your currencies. I have not faced any major issues till date. Good work team, keep going, we have got your back. "

Binance is probably one of the rare exchanges with multi-language assistance to its users. It recently upgraded many language translations.

Binance has also recently announced that it will offer $ 25,000 bounty on the arrest of hackers involved in the attack on March 7th, 2018. Binance stressed the importance of a concentrated effort to address crime and unethical behavior in the crypto community. Nice @barrydutton

Exodus wallet is also integrating one click EOS registration on their wallet soon. It's on their roadmap.

That is correct, I found that last week and mentioned it here last week on posts to some people.

Good info by you.

I have mine on Kucoin hope they do the same.