NEP5 tokens soon on Binance tradable

420
Blockchain Media Group

There is good news for the NEO ecosystem. Binance CEO Changpeng Zhao has announced via Twitter that NEP5 tokens will soon be traded on Binance.

NEO was one of the winners in the cryptocurrency market in the past two months. Despite the bear market, NEO was able to defend its course relatively well. The price of the NEO Coin fell just 13 percent last month.

With the future listing on the second largest cryptocurrency exchange Binance (by volume of trade), NEO seems to have taken another important step towards awareness and accessibility for the NEP5 tokens.

NEP-5 is a token standard for the NEO blockchain (similar to the Ethereum ERC-20 standard), which will provide a generalized interaction mechanism for token-based smart contracts.

mm

TheBitcoinNews.com – leading Bitcoin News source since 2012

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. The information does not constitute investment advice or an offer to invest.