Published On: Thu, Jun 14th, 2018

Binance Announces Icon (ICX) Mainnet Token Swap, Price Jumps

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One of the world’s largest exchanges, Binance, has just revealed that it will be supporting Icon’s (ICX) mainnet within the upcoming week.
Binance Supports Icon Mainnet Swap
Binance has finally announced that it will be swapping the ICX ERC-20 tokens for the official mainnet coins, five months after the official release of the mainnet.
Icon planned for the exchange mainnet swaps to occur earlier this year, but Binance just got around to working on the swap process According to a post on the Icon’s official blog, the Huobi, OKex, Bithumb, and Upbit exchanges are also working on supporting the ICX mainnet. Icon’s team made it clear that they are working with these exchanges to ensure it happens as fast as possible.
To aid this swap, Binance has announced that all ICX deposits and withdraws will halt on June 20th, ensuring that this swap is as smooth as possible. However, it seems that Binance will not cease ICX trading during this transition period, similar to what happened with the EOS mainnet release.
Due to the fact that all trading on Binance is off-chain, there should be no problem with buyer to seller trades …

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