The giant crypto currency exchange Binance announced their plans to support Ethernity Chain Token and re -branding. Thus, in the midst of the market collapse, he echoed once again on Friday. Because, with the impact of this development, the price of tokens saw an increase of over 100 percent.

Binance announced the support of Ethernity Chain Token exchange!

Binance announced that he expanded his support for Ern Token exchange and re -branding in an official statement dated February 28th. According to the announcement, the stock market will support the renewal of Ethernity Chain as Epic Chain (EPIC). In particular, all existing ERN Spot transaction parities will be deleted on March 10 at 06:00. In addition, the stock market will also cancel all the spotting orders waiting. Then, the crypto trade platform will start trade for EPIC/USDT trading parities as of March 13th TSI 11:00.

ERN tokens deposit and withdrawal transactions will be suspended from 06:30 on March 10 TSI. In addition, deposit transactions for EPIC tokens will start at 10:00 on March 13th. Binance also reported to users that it will make a separate announcement to inform the users when withdrawals are opened for the new branded token. Ethernity Chain Tokens will no longer be supported after the token swap event ends. Binance, “All Ern tokens 1 ERN = 1 EPIC will be exchanged with EPIC,” he said. Trade boat services on the platform and spot copy trade services will be affected accordingly.

Which Binance Trade Services will stop for Ern?

In addition, the crypto exchange will remove ERN from the Cross and isolated margin offers at 09:00 on March 6 TSI. However, immediately valid, users will no longer be able to transfer any amount of ERN cross and isolated margin to the margin accounts.

In addition, flexible rates and VIP credit services will be stopped at 6 March at 06:00. On March 7 TSI at 06:00, Simple Earn services and subscriptions will also be removed for the old token. For more details about token swap and re -branding epic, investors can switch to the official announcement of the crypto project.

ERN price rose over 100 %

In the midst of CEX’s advanced market support, the price of ERN has increased over 100 %during the day. The token price rose from $ 1.26 to $ 2.65 dollars during the day. However, he later lost some altitude. During the article, ERN changed hands at an increase of 77.6 %on a daily basis for $ 2,30. In the meantime, the process volume of the token, such as 1.724 %recorded an extraordinary increase. This reflects the ingrown of investors and traders with the Tokene.

ERN daily price graph. Source: coinmarketcap

In general, the wider market sensitivity surrounding the ETH Layer 2 platform with artificial intelligence features looks optimistic in the midst of the latest developments. Advanced market support of the leading crypto exchange giants usually has an increase in the price.