Digital Assets

Design & Marketing

Exchange Binance Coin to Ethereum Classic | FixedFloat

FixedFloat | Instant cryptocurrency exchangefixedfloat.ltd

Lightning cryptocurrency exchange

The BNB Coin cryptocurrency was released through an ICO that took place in July 2017. As a result, they raised $15 million. Binance Coin was created as an ERC20 token and originally worked on the Ethereum blockchain. But in 2019, the coin “moved” to its own blockchain. The ERC-20 standard is still adopted by the Binance exchange.

What is a Memo and do I need to specify it?

There is an additional Memo field when submitting Binance Coin. Memo is the ID of the payment. It is unique, and with its help the service identifies the sender and recipient.

In our exchanger, when sending BNB you do not need to specify Memo.

Binance Coin Blockchain Speed

An exchange requires 1 confirmation. This operation takes place in a few seconds.

A brief history of Ethereum Classic

In 2015, the Ethereum platform was launched, which quickly gathered like-minded people interested in smart contract technology. In 2016, an attacker discovered a vulnerability with which he stole $50 million. After this event, a hard fork occurred, as a result of which two coins appeared — Ethereum with an updated protocol and Ethereum Classic as the initial version of Ethereum.

Ethereum Classic blockchain speed

The exchange requires 30 confirmations. Blocks on the ETC blockchain appear approximately every 13 seconds. Average exchange confirmation time is 6.5 minutes.

exchange in 3 easy steps

  1. Enter the desired amount of Binance Chain and write your wallet address to receive currency.
  2. Click the “Exchange now” button and you will be taken inside your order.
  3. Send Binance Chain to the address from your order, after the required network confirmation, Ethereum Classic will be sent instantly.

We use cookies to provide the best experience on our website. By using FixedFloat.ltd you agree to Privacy Policy and Terms of Service.

FixedFloat | Instant cryptocurrency exchangefixedfloat.ltd

Leave a Comment