The leader of the largest exchange of encryption by volume of operations, Binance, Changpeng Zhao proposed to add support for the trade of Bitcoin Cash in the exchange decentralized, developed in the upper part of the chain Binance. Bitcoin Cash continues to expand into new markets and platforms, users can now exchange soon criptomoneda in the exchange decentralized. The system will have a token linked to BCH issued in Binance Chain. In this manner, the token allows to operate the criptomoneda BCH in the exchange decentralized. For the moment, it is not possible to trade with BCH directly on Binance DEX because it is based on Binance Chain, so in order to avoid this limitation, we created this new token, which represents the criptomoneda main: Bitcoin Cash. The plan of exchange is to issue around $ 2 million in tokens linked to the BCH to be marketed at the beginning and continue to accrue more in response to the demands of the market. Users can exchange tokens DEX natives by the assets to which they are connected without slipping on the exchange the company’s main. BCH-1FD aims to provide a token linked to the value BCH to operate in Binance DEX. In 2017, the community of Bitcoin is split in two: BTC and Bitcoin Cash (BCH). BCH is a system of electronic cash peer-to-peer.
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The base of potential users and the market opportunity
Will be at the fingertips of all users Binance.com and Binance DEX, along with other trade or business with tokens, that are interested in transactions, and transactions fast. BCH you want to fulfill the original promise of Bitcoin as “electronic Cash ” as equals”. Merchants and users have low rates and confirmations to be reliable. The future shines with unlimited growth, global adoption, innovation without permission and decentralized development. Now, Changpeng Zhao said that the two communities work together on this project, and he explained: “The community BCH is one of the communities cryptographic stronger, and we’re excited to collaborate with them in the migration of the token BCH. The token BEP-2 BCH is linked to the BCH native. The owners of BCH can enjoy the perfect experience of exchange of tokens in the exchange and trade without custody in Binance DEX after that the community of Binance chain approves the proposal of listing”. To operate in this platform, decentralized, tokens must be based on the blockchain of Binance and become tokens BEP2 that can be exchanged easily in the DEX. The following two tabs change content below. Venezuelan, student of the last semester of Social Communication. Attracted by the new technologies and the development that they offer to humanity.