Binance to Support TRON Contract Swap

02/17/2023 09:40 • NFT Newsflash • 125 views

On February 17, according to the official news, Binance will support the new and old contract swap of TRON (TRX), and will suspend the TRX (BEP20) replenishment at 12:00 on February 27, Beijing time. Spot trading, margin trading, futures trading, Binance Pay and Simple Earn subscriptions will not be affected during the contract swap period.

Binance announced that it would support the exchange of new and old contracts of TRON (TRX) and would suspend the TRX recharge at 12:00 on February 27

Interpret the above information:

Binance, one of the largest cryptocurrency exchanges in the world has announced that it will support the new and old contract swap of TRON (TRX) on February 17th. This development offers users of TRON the ability to upgrade their tokens at their convenience as we saw a similar upgrade last year. The exchange will also stop the TRX (BEP20) replenishment at 12 PM on February 27th, Beijing Time.

It is important to note that this upgrade won’t affect spot trading, margin trading, futures trading, Binance Pay, and Simple Earn subscriptions during the contract swap period. Therefore, users can continue to use these services during the upgrade process without interruption. This move reaffirms the Binance’s commitment to providing seamless and reliable services to its customers.

TRON is a popular blockchain project that offers decentralized entertainment protocols. The blockchain aims to disrupt the traditional centralized entertainment industry by offering users a cheaper and more accessible platform to produce and consume various forms of entertainment. The project’s network has over 25 million accounts, and the growth rate is increasing at an unprecedented level.

The upgrade to the TRON blockchain is expected to improve the user experience of the project’s stakeholders by improving speed, security, and reliability. Binance’s announcement to support the upgrade only furthers TRON’s mission of creating a more robust entertainment sector via blockchain technology.

In conclusion, Binance’s continued support for TRON’s blockchain network upgrade demonstrates the exchange’s unrelenting commitment to providing quality services to its customers. The upgrade will strengthen TRON’s network and enhance its mission to create a more decentralized entertainment industry.

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