There has never been a shortage of curious developments which put an interesting sin on cryptocurrency projects. Binance, the world’s leading trading platform, is issuing new tokens on its native blockchain. Said tokens will be pegged to leading cryptocurrencies and are all proposed for trading on the Binance DEX platform. The Bitcoin-pegged BTCB Token On paper, it would not necessarily make too much sense for anyone to create a new token pegged to popular cryptocurrencies. A new token linked to Bitcoin would not necessarily gain any real traction, although there seems to be a method to this madness. Binance will
The post 4 Notes on Why Bitcoin is Tokenized on Binance Chain appeared first on The Merkle Hash.
Powered by WPeMatico
