The Binance cryptocurrency exchange has added support to the new N3 NEO and GAS. In this way, the NEO ecosystem is able to get access to services linked to the N3 NEO ecosystem, including trading of both NEO and GAS. There are different trading pairs available for investors, including NEO/BUSD, NEO/USDT, NEO/BNB, NEO/ETH, NEO/TRY, NEO/USDC and GAS/BTC.
Binance Adds Support to N3 NEO and GAS
In a recent press release shared by the Binance cryptocurrency exchange, the company informed that they have completed the Neo N3 mainnet integration. In this way, they were able to open deposits for NEO N3 mainnet NEO tokens.
It is worth taking into consideration that withdrawals might still not be available as of yet. However, they should be open throughout the week. The exchange informed that there will be no new announcement on that matter.
Binance would also continue to support Neo Legacy NEO tokens from users that are still handling these virtual currencies. It is worth taking into consideration that the Neo N3 MainNet was launched on August 2nd, 2021 and it has been operating since then.
Back when the new blockchain network was released, NEO informed that they were launching different promotions and initiatives to celebrate the official launch of the Neo N3 MainNet. Some of the promotions included NFT giveaways, TestNet activities and content programs.
NEO is also considered to be the Chinese Ethereum, despite the fact that they are also trying to expand worldwide and host activities all over the world. The project aims to create a new blockchain economy that would allow people and companies to engage in different activities on the Neo blockchain.
Nowadays, there are several projects running on top of Neo working as decentralized applications (dApps). Some of the projects that are currently working on the Neo network include Humswap, Nash, Galaxz and Falmingo, among others.
The goal is to offer a wide range of services related to NFTs, decentralized finance and identity services, among other things. With the expansion of the Neo N3 blockchain, it will be easier for these projects to offer better and more advanced solutions to users.
Although the cryptocurrency market continues to operate sideways, there are several projects that continue to release new solutions. This makes it possible for users and network participants to engage in a wide range of activities that take place on the NEO N3 blockchain network.
At the time of writing, NEO is the 74th largest cryptocurrency in the world. It has a price per coin of $37 and a market valuation of $2.61 billion.