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Binance Lists Fantom (FTM), Moving Token from Binance DEX to Central Market

Published 06/10/2019, 07:59 AM
Updated 06/10/2019, 09:01 AM
 Binance Lists Fantom (FTM), Moving Token from Binance DEX to Central Market

Binance announced the listing of the Fantom (FTM) project, setting a precedent for moving projects from Binance DEX into the central market. The move may open the door for other assets now trading on the DEX and existing on Binance Chain.

After the launch of Binance Chain, multiple projects migrated or directly launched on the chain, including Harmony (ONE), the latest protocol. The opportunity to get listed on Binance may attract other tokens to switch networks.

FTM was listed in several pairs, promising increased liquidity, with the prevalence of stablecoins. Pairs include FTM/BNB, FTM/BTC, FTM/USDT, FTM/TUSD, FTM/USDC and FTM/PAX.

The Binance listing may boost the...

This article appeared first on Cryptovest

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