Proton (XPR) can be used on the Binance Smart Chain (BSC), which creates new ways for more people to interact with Proton. By leveraging the bridge on ProtonScan.io, XPR can be used within Binance products, increasing the potential capacity of Proton transactions. Additionally, other X-token assets will be able to interact with Binance products in the future.

Binance Smart Chain is one of the most widely used blockchains in the world, with over 82 million unique wallet addresses and an average of over 4 million transactions per day last month. Now that Proton can interact with BSC products, millions of BSC users around the world can begin to have access to XPR. This means XPR can be used on the popular cryptocurrency trading platform Pancake Swap and can be added to other BSC trading platforms in the future.

You can also view the BSC review link on the Binance Blockchain Explorer.

Porting XPR to another blockchain is another huge expansion of the Proton ecosystem. Every new way people interact with Proton represents increased demand on the network, which bodes well for continued growth in the network we are building. Every new person who can hold XPR becomes part of a decentralized, growing matrix of wallets that can all interact with each other.

Additionally, the bridge is a two-way street, meaning BSC assets can be wrapped by Proton and interact with Proton products. As mentioned before, Proton-wrapped cryptocurrencies enjoy all the benefits of the Proton blockchain, including instant transactions, no gas fees, and human-readable @names. Now that the BSC token can run on Proton, millions of Binance users have an incentive to try Proton products for the first time. Currently, BNB is the first Binance token capable of running on Proton, and it is possible that other BSC assets will interact with Proton in the future.

Interested in what else Proton can do? Feel free to get information on our website and follow our main social media accounts. We are constantly innovating and pushing the boundaries between TradFi and DeFi, so you won’t want to miss an update.

 

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Disclaimer: No part of this article is intended to be, and should not be considered, investment advice.

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