Binance Users Can Now Convert Crypto Dust to BNB

Binance users can now convert their crypto dust into BNB tokens
26 April 2018   2069

Binance has launched a new feature that allows users to convert crypto dust into BNB tokens. Changpeng Zhao (CZ), the Binance CEO announced the new feature via a tweet on April 23, 2018.

CZ tweetCZ announcement

Crypto dust is a fractional cryptocurrency value. It is usually impossible to trade crypto dust because they are less than the transaction fees. Being lower than the minimum trading limit, it usually sits idle in user wallets. 

The new feature will allow users of Binance to convert their cryptocurrency dust into useful tokens. Binance users will be able to convert crypto dust that is equivalent to less than 0.001 BTC into BNB tokens which are the native cryptocurrency of the Binance platform. They are used to pay transaction fees for all exchange and trade transactions on the platform.

BNB chartsBNB charts

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

  • Average price: $13,95
  • Market cap: $1 590 830 381
  • 24h volume: $114 510 000

Binance DEX to List 5 TrustToken Stablecoins

Binance DEX listed TrueUSD, TrueGBP, TrueAUD, TrueCAD and TrueHKD, tied to appropriate fiat currencies
08 August 2019   240

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”.