Cryptocurrency exchange Binance has announced that it supports Conflux Network (CFX) mainnet integration.
Cryptocurrency Exchange Binance Announces It Will Support CFX Mainnet
The leading cryptocurrency exchange will enable deposits and withdrawals for CFX tokens via Conflux eSpace, Conflux Core Space and Binance Smart Chain (BEP20) once mainnet integration is complete.
Conflux is a public, permissionless blockchain network that uses a unique Tree-Graph consensus mechanism to achieve high-throughput and low-latency transactions.
The network aims to provide a more scalable and decentralized infrastructure for the development of decentralized applications (dApps) and other blockchain-based services.
Binance's support of CFX is expected to bring greater liquidity and accessibility to the Conflux Network and allow users to easily buy and sell CFX tokens on one of the world's leading crypto exchanges.
This will further support the growth and development of the Conflux ecosystem and help expand its reach to a wider user base.
The integration of CFX into Binance is just one of many steps the exchange has taken to support the growth of the broader blockchain and crypto industry.
Binance has been at the forefront of innovation and has continued to expand its offerings to meet the needs of its users.
This latest move demonstrates the exchange's commitment to providing users with access to the most innovative and promising projects in this field.
Overall, the integration of CFX into Binance is a positive development for the Conflux Network and the wider cryptocurrency ecosystem.
It will help further network adoption and growth by providing greater liquidity and accessibility to CFX tokens.
*Not investment advice.