Binance will integrate Conflux mainnet! Hong Kong concept token $CFX surges 22% in 9 hours
Binance, the world's largest cryptocurrency exchange, announced today that it will support integration with the Conflux Network (CFX) mainnet. The opening hours for the deposit and withdrawal of CFX tokens on the mainnet will be announced separately. On the occasion of this announcement, CFX prices have risen sharply since 11 o'clock last night, once rising by more than 21% in 9 hours.
Binance announced today that Binance will support integration with the Conflux Network (CFX) mainnet. After the integration is completed, Binance will support the recharge of CFX tokens through Conflux eSpace, Conflux Core Space and BNB Smart Chain (BEP20). , withdrawal business, the opening hours of the recharge and withdrawal business of the main network CFX token will be announced separately.
Conflux officially shared this news on Twitter and said:
Conflux community, big news! We are excited to announce that Binance will support integration of the Conflux Network mainnet.
On the occasion of this announcement, the price of CFX has risen sharply since 11 o'clock last night, rushing from around US$0.37 to a high of US$0.4477, with a maximum increase of 21% in 9 hours. As of the time of writing, it was reported at US$0.4327, nearly US$0.4327. A 24-hour increase of 15%.
Previously, due to Hong Kong’s favorable supervision of virtual assets, Hong Kong concept coins have taken off, and Conflux recently announced that it will cooperate with China Telecom to launch the first blockchain SIM card (BSIM) pilot project in Hong Kong, driving CFX to continue to grow in the near future. Since the beginning of this year, CFX has increased by more than 1900%, which once made CFX the first choice for GPU miners.
Conflux just received 10 million magnesium financing last month
Conflux has been making frequent moves recently. Conflux has just launched a proposal to deploy Uniswap V3 on Conflux Network in the Uniswap community. The proposal states that this move will provide millions of potential new users, especially those in China and Asian markets, with formal access. Opportunities in the rapidly expanding Conflux ecosystem.
Conflux also completed a $10 million financing through token sales at the beginning of last month, fully invested by DWF Labs. This investment will help Conflux expand its technology and expand its user base. After DWF Labs’ capital injection, Conflux’s total financing amount to date has exceeded $50 million.
Conflux co-founder Long Fan said last month that Conflux is the only non-permissioned blockchain in China that complies with regulatory standards. The core R&D team is all Chinese. Unlike other public chain projects, Conflux has never conducted an ICO or the like. Activities, the Shanghai Municipal Government also injected more than US$5 million into Conflux in 2021. After receiving this new funding, Conflux plans to further expand its ecosystem around Hong Kong's new We3 policy.
