Binance Has Completed the Lisk (LSK) Contract Swap
Binance has completed the contract swap for Lisk (LSK) ¹ ² ³ ⁴ ⁵. The new Lisk tokens, which are ERC20-based, are now accepted for both deposits and withdrawals on the Binance platform. The swap was conducted at a ratio of 1 old LSK = 1 new LSK. Users may obtain their assigned new LSK token deposit addresses. Deposits and withdrawals of the old LSK tokens on the Lisk mainnet will no longer be supported.
Binance, as a leading cryptocurrency exchange, has successfully finished the contract swap for Lisk (LSK). This swap marks a significant milestone in the evolution of Lisk, as it transitions to an ERC20-based token. The new LSK tokens are now accepted for both deposits and withdrawals on the Binance platform, providing users with a seamless experience.
The swap was conducted at a ratio of 1 old LSK = 1 new LSK, ensuring a smooth transition for users. This means that for every old LSK token held, users will receive an equivalent amount of new LSK tokens. The new tokens are built on the Ethereum blockchain, utilizing the ERC20 standard, which offers enhanced security and compatibility.
Users can obtain their assigned new LSK token deposit addresses through the Binance platform. This allows them to easily manage their new tokens and access a range of features and services offered by Binance. However, it's important to note that deposits and withdrawals of the old LSK tokens on the Lisk mainnet will no longer be supported. This is a crucial step in the transition to the new ERC20-based tokens, ensuring a unified and streamlined experience for users.
In conclusion, the completion of the Lisk (LSK) contract swap marks an exciting development for the cryptocurrency community. Binance's support for the new ERC20-based LSK tokens demonstrates its commitment to innovation and user experience. As the cryptocurrency landscape continues to evolve, Binance remains at the forefront, providing users with access to cutting-edge technology and services.
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