Binance Coin to be Used in Qlink Ecosystem

On the background of this event, QLC price rose for 13%
02 April 2018   853

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 Donate $1M to Japanese Flood Victims

Changpeng Zhao called cryptocurrency community for donations
09 July 2018   359

Binance, the largest in terms of trade transactions, has donated $ 1 million to flood victims in Japan, and invites other companies and individuals to join the charity initiative.

Our hearts go out to the victims in West Japan. Binance will begin with a $1,000,000 USD equivalent donation in either BNB, BTC, or JPY. We also ask our crypto partners to join us and help our friends in need.

Changpeng Zhao

CEO, Binance

Changpeng Zhao noted that the exact scheme for transferring funds to the flood victims will be determined in the very near future. Those who also want to make a donation, are invited to a Twitter reply, while such a gesture of good will will be taken into account when considering their coins listing on Binance. Such a donation can be done in ETH or ERC-20 tokens.

A major flood in Japan this week was caused by a typhoon that caused heavy rainfall. According to themedia, as of Monday mornng the number of deaths due to torrential rains and landslides reached more than 100 and many are reported missing.