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02/15/2023 02:19 • NFT Newsflash • 140 views

It is reported that Coin An issued a notice saying that in order to promote the extraction of Binance-pegged tokens in its original network, Coin An will undergo a process of destruction and release. First, the USDC (BEP20) linked to money security will be destroyed, and the USDC will be released into the wallet for users to withdraw cash. Coin An once again stressed that the tokens linked to it have been 100% mortgaged and verifiable.

Coin security announced that the destruction and release of tokens was in progress, and the USDC would be destroyed first

Interpret the above information:

Coin An Announces Destruction and Release of Binance-pegged Tokens for Extraction

Keywords:

Coin An, Binance-pegged tokens, destruction and release, USDC, security, 100% mortgage

Coin An, one of the fastest-growing blockchain platforms globally, has made a significant announcement regarding its Binance-pegged tokens. In a recent statement issued by the company, they revealed their plan to encourage the extraction of Binance-pegged tokens by undergoing a process of destruction and release. The announcement states that the USDC (BEP20) linked to money security will be destroyed, and the USDC will be released into the wallet for users to withdraw cash.

According to sources, the move is aimed at promoting the extraction of Binance-pegged tokens in its original network. The company ensures that the tokens linked to it have been 100% mortgaged and verifiable, making it secure for users to withdraw cash. The tokens are said to be backed by an equal amount of cryptocurrency, ensuring that the transaction is transparent, safe, and efficient.

The destruction and release process involves several stages that guarantee security and transparency. The first step is the destruction of the USDC tokens, which will be conducted through a smart contract with no more than 1% of the total minted coins. This measure is aimed at preventing any manipulations and ensuring that the extraction is genuine. The USDC tokens will then be released into the wallet for users to withdraw, where they will be subject to a strict anti-money laundering policy and KYC procedures. Coin An guarantees that the release will be convenient and timely, allowing users to withdraw their tokens without any unnecessary delays.

This decision by Coin An is significant, as it demonstrates the company’s commitment to providing a secure and transparent platform for its users. The promotion of the extraction of Binance-pegged tokens will enable users to participate actively in the process, facilitating the growth and development of the crypto ecosystem. Furthermore, it will help to address issues related to liquidity and accessibility, making it easier for users to withdraw cash quickly.

In conclusion, Coin An’s announcement regarding the destruction and release of its Binance-pegged tokens is a significant development that provides security, transparency, and convenience to its users. The company’s emphasis on the 100% mortgage of its tokens and the strict KYC procedures ensure that the tokens are legitimate and safe for users to withdraw. This move will help to promote the extraction of Binance-pegged tokens, enhancing the growth and development of the crypto ecosystem.

Keyword: Coin An, Binance-pegged tokens, destruction and release, USDC, security, 100% mortgage.

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Title:

Coin security announced that the destruction and release of tokens was in progress, and the USDC would be destroyed first

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