It is no longer news that Binance is launching their own chain on the 23rd of April, 2019. All BNB holders can convert their ERC 20 to Binance Chain and MITH has announce to be the first to migrate to Binance Chain and pumped 60% overnight. Is Binance Chain decentralized or semi-decentrilized considering that they will be in control of their chain network. With the lack of smart contract, are they really pulling any challenge to ETH? Well. If the purpose is for crowdfunding and the possibility of getting listed, BNB might receive a lot of attention. In my own opinion, Binance Team is setting the pace for other exchanges and they are doing really well.
Binance has such great strength because it has a strong support in the market. but if you notice that ethereum has built a very large community so that to defeat ethereum domination is a very heavy work. takes a long time to realize this, binance is a strong threat.
HELLO, help me understand my problem. How do I send an "EQL" token to the Binance Dex exchange for trading?
EQL I have on Trust Wallet and they are in ERC20, I can not send to bmb wallet, I read that it needs to be done through Binance Bridge? That's the problem.
As far as I understand I need to somehow send EQL-ERC20 to EQL-BEP2? But I don't know how.
EQL on Trust Wallet -
https://i.ibb.co/FVHrkbW/Screenshot-2021-05-25-09-30-54.jpgBinance Bridge -
https://i.ibb.co/42v0vtm/Screenshot-8.jpg