Binance to support Frontier (FRONT) token swap and rebranding

2024-8-19 16:47

Binance announces support for Frontier token swap and rebranding to Self Chain (SLF). FRONT price surged 20% following the rebranding announcement by Binance. SLF trading pairs to replace FRONT pairs on Binance from August 30, 2024.

Binance, a leading cryptocurrency exchange, has announced its support for the token swap and rebranding of Frontier (FRONT) to Self Chain (SLF).

This strategic move by Binance marks another significant step in its ongoing efforts to support the evolution and restructuring of altcoin projects. The news has already triggered a notable surge in FRONT’s price and trading volumes, reflecting growing investor interest and confidence.

Binance approves Frontier (FRONT) name change

In an announcement issued on August 27, 2024, Binance has confirmed its support for the Frontier token swap and rebranding, renaming it as Self Chain (SLF).

This decision is part of Binance’s broader strategy to foster innovation and support altcoin projects through critical phases like rebranding and restructuring.

As part of this transition, Binance will delist all existing FRONT spot trading pairs, including FRONT/BTC, FRONT/TRY, FRONT/USDC, and FRONT/USDT, on 2024-08-27 03:00 (UTC), to pave the way for the new SLF trading pairs.

The new pairs, SLF/BTC, SLF/TRY, SLF/USDC, and SLF/USDT, will become available for trading on August 30, 2024.

Market impact

The announcement had an immediate impact on the price of Frontier’s native token, which surged by 20% after the announcement.

Within minutes, the price jumped from $0.64 to $0.8188, before stabilizing at $0.7216 at press time. This surge was accompanied by a significant increase in both market volume, which exceeded $68 million, and trading volume, which saw a 187% rise to over $31.9 million.

Binance’s positive recovery from last year’s uncertainties, marked by increased transparency and a renewed focus on aligning with institutional policies, has reinforced its position as a key player in the crypto industry and its support for the Frontier (FRONT) token swap and rebranding is a significant development for the altcoin.

The post Binance to support Frontier (FRONT) token swap and rebranding appeared first on CoinJournal.

origin »

Binance Coin (BNB) на Currencies.ru

$ 706.2 (+0.20%)
Объем 24H $1.786b
Изменеия 24h: 1.45 %, 7d: 2.90 %
Cегодня L: $695.75 - H: $710.23
Капитализация $101.697b Rank 5
Доступно / Всего 144.007m BNB

binance rebranding front pairs slf swap support

Источник: coinjournal.net

binance rebranding → Результатов: 9


Фото:

Представители Binance и Huobi посетят Москву для обсуждения ребрендинга криптоиндустрии

13 февраля в Москве состоится дискуссионная панель Crypto. Rebranding, посвященная ребрендингу, инвестициям и кибербезопасности в криптоиндустрии. Участие в дискуссионной панели примут представители крупнейших криптовалютных бирж Binance и Huobi.

2019-2-11 12:33


Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

USUAL token price soars after Binance Labs investment

Binance Labs has revealed its investment in the $10 million Series A USUAL funding round. Following the revelation, the USUAL token price has soared by over 20%. Another key player that participated in the funding round is Kraken.

Haven Protocol Token (XHV) crashes after mint exploit

Haven Protocol suffered a mint exploit, with over 500 million XHV tokens minted illicitly, The hack has sent the price of the XHV token down by over 60%. Hacker(s) exploited a vulnerability in the range proof validation code, introduced during the Haven 3.

GRVT becomes world’s first regulated DEX after licensing in Bermuda

GRVT has secured Bermuda’s Class M license, becoming the first regulated DEX globally. GRVT combines 600,000 TPS with compliance, aiming to be the “Goldman Sachs on blockchain. ” GRVT plans global expansion, aligning with MiCA and ADGM for broader regulatory approval.