Fellow Binancians,
Binance will list Conflux Network (CFX) and open trading for CFX/BTC, CFX/BUSD and CFX/USDT trading pairs at 2021-03-29 11:00 AM (UTC). Users can now start depositing CFX in preparation for trading.
Please note that we will only accept deposits and withdrawals for BEP20 CFX tokens issued on Binance Smart Chain (BSC). To convert from mainnet CFX tokens to BEP20 CFX tokens, please use the token bridge available here. Important: Do not use your Binance deposit address as the destination address when swapping tokens to BSC. Please ensure that you use a personal BSC address to receive the tokens first and then send to your Binance deposit address.
What is Conflux Network (CFX)?
Conflux Network is a scalable and decentralized blockchain network which aims to have high throughput and fast confirmation. The Conflux Network consensus algorithm operates with a special Directed Acyclic Graph (DAG) structure called Tree-Graph. Unlike Ethereum which only accepts transactions on a single chain into its ledger, Tree-Graph incorporates and processes transactions in all concurrent blocks. CFX is Conflux Network’s native utility token and is used for network consensus, ecosystem incentivization, governance and staking.
Please ensure that you undertake sufficient risk assessment when trading newly listed tokens, as they are often subject to high price volatility.
CFX Listing Fee: 0 BNB.
Details:
Note: This announcement has been updated on 2021-03-29 to add important notes on swapping CFX tokens.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Thanks for your support!
Binance Team
2021-03-29
Trade on the go with Binance’s mobile crypto trading app
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.