Binance, the largest cryptocurrency exchange by trading volume, came up with important announcements for 4 altcoins. Here are the details…
Binance completes WAXP integration
According to the first announcement made by the exchange, Binance has completed the ERC20 integration of WAX (WAXP). Thus, deposits and withdrawals for WAX (WAXP) were opened on the Ethereum network. The WAX ERC20 smart contract address where users will deposit is as follows: 0x2A79324c19Ef2B89Ea98b23BC669B7E7c9f8A517
As we have announced as Kriptokoin.com, WAX (WAXP) is a network focused on e-commerce transactions. It was designed to make these operations simpler and safer. It entered the market in 2017. The WAX Blockchain uses delegated PoS (DPoS) as the consensus mechanism. It is fully compatible with EOS. Prior to the ERC20 transition, WAX had a WAXP-Ethereum (ETH) bridge that allowed WAXP token holders to convert their tokens into WAXE, an Ethereum-based ERC20 utility token.
The exchange distributes $25,000
On the other hand, the exchange announced a new campaign for CryptoWODL. CryptoWODL is a mini-game that allows users to guess mysterious words to understand the latest market developments while earning crypto rewards. This week’s topic is ETH Staking Application. To learn more about this topic and participate in this week’s WODL, you can read Binance’s news tab. Users with at least five correct answers will be awarded an equal share of $25,000 in SSV tokens. This campaign will end on September 26.
Read #Binance news and play WODL to share $25,000 in $SSV token vouchers, with additional $5,000 in $SSV welcome gift for new users!
— Binance (@binance) September 19, 2022
Additionally, the first 1,200 new users who sign up for a Binance account via this referral link during the promotional period will be eligible for a welcome gift. SSV will receive a share of $5,000 in token coupons. Eligible users must complete KYC before October 16 to receive the gift. Welcome gifts are limited. Here are some important articles on the subject:
- You can play up to two WODL games per day.
- To qualify for an equal share of $25,000 in SSV token coupons, you must provide a total of five correct answers during the Event Period.
- For new users only: The first 1,200 new users who sign up for a Binance account via this referral link during the promotion period will receive a $5,000 share in SSV token coupons.
Exchange completes BUSD’s Avalanche and Polygon integration
Finally, the exchange has completed the integration of Binance USD (BUSD) into Avalanche and Polygon networks. Deposits and withdrawals for BUSD are now open on both networks. Users can now transfer BUSD over Ethereum, BNB Chain, Avalanche and Polygon networks. As it is known, BUSD is Binance’s USD-pegged stablecoin.
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