Binance, Exchanges

What Is XYM in Binance?

XYM is an exciting new cryptocurrency that is currently being developed by the Binance team. It is based on the Ethereum blockchain and utilizes the ERC20 token standard.

XYM will be used to power the Binance DEX, a decentralized exchange that will allow users to trade cryptocurrencies without having to trust a central authority. XYM will also be used to power other Binance ecosystem products and services.

The XYM token is currently in its ICO stage, and the team is working hard to make it available to as many people as possible. The ICO will end on December 31st, 2017, and the token will be listed on exchanges in early 2018.

The Binance team is confident that XYM will revolutionize the cryptocurrency industry and provide users with a much more secure and decentralized way to trade digital assets.

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