Binance Coin to be Used in Qlink Ecosystem

On the background of this event, QLC price rose for 13%
02 April 2018   1394

The developer of the decentralized mobile network Qlink announced the conclusion of an agreement with the Binance Exchange, within which the Binance Coin token will be integrated into decentralized Qlink application.

The first application, allowing users to share a Wi-Fi connection and supports the functionality of the wallet, was introduced by Qlink in January this year at Github. It is expected that the application will appear in Google Play in April.

Qlink has a strong developer team and solid applications. The use case of secure network sharing has visible demand in the market, especially for users who pay more attention to information security and recognise the value of decentralization technology. Qlink is an ideal partner to further proliferate BNB utilization.

Changpeng Zhao 

Founder and CEO of Binance

Under the agreement, Binance Coin will be integrated into the Qlink ecosystem in several ways. First, users will be able to store BNB in ​​the Qlink application. Secondly, Qlink will add a BNB / QLC trading pair, so that users can buy QLC using BNB. A similar pair was launched at Binance itself. The data for the exchange of tokens inside the Qlink application will be drawn from Binance.

Along with QLC, users will be able to use BNB to pay for access to the network via Wi-Fi or VPN using the Qlink application.

On the background of this event, QLC price rose for 13%.

Qlink Price Chart
Qlink Price Chart

At the moment of press, these are main QLC market parameters:

  • Average Price: $0,152570
  • Market Cap: $36 616 800
  • 24h Volume: $16 593 700

Binance to Delist 5 Tokens

 CLOAK (CloakCoin), Modum (MOD), SALT, Substratum (SUB) and WINGS trading will be suspended on 22nd of February
15 February 2019   109

Binance, has announced the upcoming delisting of the following cryptocurrencies: CLOAK (CloakCoin), Modum (MOD), SALT, Substratum (SUB) and WINGS.

All trades with abovementioned tokens will be suspended on 22nd of February in 10.00 UTC; then tokens will be delisted.

Binance regularly evaluates the development of projects whose coins are represented on the platform, and takes into account the following characteristics:

  • team commitment to the development of the project, its activities and quality;
  • network stability and smart contracts;
  • community outreach;
  • communication with the exchange;
  • evidence of fraudulent or unethical activity;
  • contribution to the development of a cryptocurrency ecosystem.