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.