Binance Coin to be Used in Qlink Ecosystem

On the background of this event, QLC price rose for 13%
02 April 2018   1851

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 DEX to List 5 TrustToken Stablecoins

Binance DEX listed TrueUSD, TrueGBP, TrueAUD, TrueCAD and TrueHKD, tied to appropriate fiat currencies
08 August 2019   347

Non-custodian exchange Binance DEX in the near future conducted a listing of five new stablecoin issuer TrustToken, The Block reports.

As TrustToken said, Binance DEX added TrueUSD, TrueGBP, TrueAUD, TrueCAD and TrueHKD, exchange rates related to the US dollar, Australian dollar, Canadian dollar and Hong Kong dollar, respectively.

All five assets will be released on the blockchain. Until this moment, TrustToken stablecoins were available only in the format of ERC20 tokens on the Ethereum blockchain.

Binance DEX has new opportunities for making financial contributions. TrueUSD trading on Binance DEX should start on August 8th. Listing suggestions for other TrustToken stablecoins will be issued in the coming weeks.

TrustToken plans to launch its new or two additional blockchains before the end of the year and the new TrueSGD, the rate of which will be tied to the Singapore dollar, “soon”.