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Binance Includes VeChain (VET) in Its First Batch of Tokens Supported on Binance Bridge 2.0

Binance, the largest cryptocurrency exchange by trading volume, has announced the inclusion of VeChain (VET) and eight other digital assets in the first batch of tokens supported on the recently launched Binance Bridge 2.0.

Binance Bridge 2.0 was launched to provide a new way to bridge listed and selected tokens from Ethereum to BNB Smart Chain as BTokens. Through the new bridge, users can use their wrapped tokens with the BNB Chain ecosystem and explore decentralized finance (DeFi), blockchain games, metaverse, and others.

Read Also: Analyst Says This Upcoming VeChain (VET) Rally Could Push Its Price Up to 40%. Here’s Why

VeChain (VET) and Eight Other Tokens Are Supported

As announced by the exchange, an initial batch of nine tokens, including VeChain (VET), have been supported.

According to the report, users can now deposit VeChain (VET), The Sandbox (SAND), ApeCoin (APE), JasmyCoin (JASMY), Decentraland (MANA), ConstitutionDAO (PEOPLE), MovieBloc (MBL), LooksRare (LOOKS), and Dogelon Mars (ELON) on existing supported networks and withdraw the corresponding BEP20 tokens (BTokens).

The exchange added that the supported tokens can also be traded on-chain via decentralized exchanges that support the BEP20 token standard.

Read Also: VeChain’s First-Ever Stablecoin, VeUSD, Is Now Live for Minting. Here’s How To Mint the Coin


Binance further stated that:

  • Binance Bridge 2.0 supports the bridging of listed assets on, as well as select unlisted assets.
  • To deposit unlisted tokens supported by Binance Bridge 2.0, please find your deposit address for a listed token of the same token standard, and deposit to that address. For example, you may use your ERC-20 ETH deposit address for depositing unlisted ERC-20 tokens supported by Binance Bridge 2.0. The deposits will be credited to your funding wallet once the transaction is successful.
  • The support of an asset on Binance Bridge 2.0 provides no indication toward the future possibility of an asset being listed for trading on Assets listed for trading on go through a strict and separate listing review process.

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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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