Blockchain News

FXT Token embraces a new Blockchain: Built on Binance Smart Chain after Ethereum

FXT Token embraces a new blockchain: Built on Binance Smart Chain after Ethereum

FXT, a blockchain-based trading technology platform celebrating the success of its ERC-20 based FXT Token, has harnessed Binance Smart Chain (BSC) blockchain to build its second FXT token.

It is a BEP-20 token designed with the aim to reduce the transaction cost and transaction settlement time. Akin to FXT’s ERC-20 Token, the newly built BEP-20 Token will enable more secure, transparent, expedited, and cost-efficient transactions. The company has finished the development of its BEP-20 Token and is preparing to list it on different crypto exchange platforms to make it easier for global investors to invest in the token.

Read More: Zoom Elevates Platform Experience With Launch of Zoom Apps and Zoom Events


FXT launched its first token – the ERC-20 based token – in January 2021. The token has witnessed meteoric success since its introduction and has gained over 14,000 holders. The increasing price and popularity of the FXT ERC-20 token have encouraged investors to HODL and multiply their profits. At the time of writing, the FXT ERC-20 token was priced at USD 0.008942. A lower entry price has simplified it for investors, especially those new to crypto trading, to tap into the crypto market and benefit from the increase in token price.

Read More: OnPoint Community Credit Union Introduces New 2% Cash Back Credit Card

The launch of the BEP-20 token and a venture into a new blockchain will help FXT diversify its offerings and cater to a large audience with different requirements and preferences. FXT BEP-20 token is opined to replicate the success of its variant – ERC-20 Token.

Read More: Thunes Enables Ethiopia’s Dashen Bank to Make Instant Cross-Border Transfers to Bank Accounts and Amole Mobile Wallets

Related posts

Enpal Secures € 345 Million Funding From Blackrock Funds And Accounts, Pricoa Private Capital, Unicredit And Other Institutional Investors

Chandni Maske

Succession Resource Group Launches LendingWell Amid COVID-19 Pandemic

PeoplesBank Announces Relocation and Expansion of Its Hunt Valley Financial Center

Fintech News Desk