Binance US, the American subsidiary of the world’s largest cryptocurrency exchange by volume, has announced it will list Spark (SPARK) token on its platform. The token is the native cryptocurrency of the Flare Network, which is a decentralized network that enables smart contracts on the Bitcoin blockchain.
This news comes as a surprise to many in the cryptocurrency community, as Binance US had previously stated that it would not list any assets that are not compliant with US securities lAWS. However, the company has now clarified that Spark is not a security and is therefore allowed to be listed on the exchange.
NOTE: Warning: Binance US does not officially support Spark Token. Any transactions related to Spark Token on Binance US are done at the user’s own risk, and Binance US cannot guarantee the security of any funds sent in this manner.
This is good news for holders of Spark tokens, as it will now be much easier to convert them into other currencies or use them to trade on Binance US. It also provides another level of legitimacy to the Flare Network and its native currency.
Binance US is one of the most popular cryptocurrency exchanges in the United States and its listing of Spark will no doubt boost the profile of the Flare Network. It remains to be seen how much trading volume Spark will generate on Binance US, but this latest development is certainly positive for the project.
6 Related Question Answers Found
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced its support for the Spark token. The Spark token is the native token of the Flare Network, a decentralized finance (DeFi) platform that is powered by the Ethereum blockchain. The Flare Network is designed to offer DeFi services to users of the Ethereum network.
Binance, the world’s largest cryptocurrency exchange by trading volume, is considering giving away spark tokens to its users. The move comes after the company’s recent $1.
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Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Binance has its own cryptocurrency, called the Binance Coin (BNB).
