KuCoin Announces Support for Binance Chain and Listing of BNB
Dear KuCoin Users,
In order to meet users' demands for new blockchain technologies, KuCoin is happy to announce that we will support projects running on Binance Chain.
KuCoin is also extremely proud to announce that another great project coming to our trading platform. Binance Coin (BNB) is now available on KuCoin. Supported trading pairs include BNB/BTC and BNB/USDT.
Please take note of the following schedule:
- Deposits: 16:00 June 19, 2019 (UTC+8)
- Trading: 18:00 June 19, 2019 (UTC+8)
- Withdrawal: 18:00 June 21, 2019 (UTC+8)
Binance Coin (BNB) Project Summary
From the ICO, Binance issued its own coin called the Binance Coin, with BNB as the symbol. BNB runs natively on Binance Chain. The coin was established with a total supply of 200 million. Every quarter, Binance will destroy BNB based on the trading volume on their crypto-to-crypto platform until they destroy 50% of all the BNB. All transactions will be on the blockchain. The team eventually will destroy 100 million BNB, leaving 100 million BNB remaining.
Official Website: https://www.binance.com/
If any projects wish to make a listing request, please fill out the KuCoin application form.
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
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