{"id":306648,"date":"2021-07-23T19:45:00","date_gmt":"2021-07-23T16:45:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/fxt-token-taps-into-binance-smart-chain-following-erc-20-success\/"},"modified":"2021-07-23T19:45:00","modified_gmt":"2021-07-23T16:45:00","slug":"fxt-token-taps-into-binance-smart-chain-following-erc-20-success","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/fxt-token-taps-into-binance-smart-chain-following-erc-20-success\/","title":{"rendered":"# FXT token taps into Binance Smart Chain following ERC-20 success"},"content":{"rendered":"<p>&#8220;<strong># FXT token taps into Binance Smart Chain following ERC-20 success <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvMjEzODIyYzktNGJmNS00ZmQ3LThiMTYtN2YzODM3NmQ1ZmQ3LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Crypto trading platform FXT\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/fxt-token-embraces-a-new-blockchain-built-on-binance-smart-chain-after-ethereum-301340146.html\">announced<\/a> the launch of a BEP-20 token after its ERC-20 token witnessed an impressive 1500% growth since its launch back in January 2021.\u00a0<\/p>\n<p>The new token, which is built on the Binance Smart Chain (BSC), is designed to reduce transaction costs and settlement times compared to its Ethereum-based predecessor. In addition to increasing the altcoin\u2019s overall performance in efficiency and utility, FXT intends to list its token across several crypto exchanges to make it globally available.<\/p>\n<p>Given FXT\u2019s lower price threshold and a history of massive return on investment, FXT foresees a massive influx of global investors and opined that the BEP-20 token would \u201creplicate the success of its variant \u2013 ERC-20 Token.\u201d<\/p>\n<p>While further details are yet to be shared publicly, FXT would ideally use the ICO funding towards scaling their offerings and prepare for replicating similar token launches in the future.<\/p>\n<p><strong><em>Related: <\/em><\/strong><em><strong>ERC-20 Tokens Make up About 50% of Entire ETH Blockchain<\/strong><\/em><\/p>\n<p>Since the inception of the Ethereum (ETH) blockchain, ERC-20 tokens have earned the top positions in market capitalization performance. Recently, Messari CEO Ryan Selkis highlighted that ERC-20 tokens now amount to nearly 49% ($25.6 billion) of the total assets within the Ethereum\u00a0blockchain.<\/p>\n<p><strong><em>Related: Immunefi partners with Binance Smart Chain on bug bounties to secure BSC projects<\/em><\/strong><\/p>\n<p>Complementing the ongoing BEC-20 adoption drive, Immunefi&#8217;s latest partnership with Binance Smart Chain will reward whitehat hackers to discover vulnerabilities in BSC-hosted projects. In this drive to improve the infrastructure\u2019s security, Immunefi reported to pay bug bounties exceeding $3 million.\u00a0<\/p>\n<p>On the other end of the spectrum, BSC projects continue to deal with its fair share of exploits. As recently reported by Cointelegraph, BurgerSwap was subject to $7.2 million exploit, involving the loss of BURGER tokens, Wr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed BNB (WBNB), and Tether (USDT).<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/fxt-token-taps-into-binance-smart-chain-following-erc-20-success\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# FXT token taps into Binance Smart Chain following ERC-20 success &#8221; Crypto trading platform FXT\u00a0announced the launch of a BEP-20 token after its ERC-20 token witnessed an impressive 1500% growth since its launch back in January 2021.\u00a0 The new token, which is built on the Binance Smart Chain (BSC), is designed to reduce transaction&#8230;<\/p>\n","protected":false},"author":1,"featured_media":306649,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvMjEzODIyYzktNGJmNS00ZmQ3LThiMTYtN2YzODM3NmQ1ZmQ3LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,75014,74894,74863,74891,74892,74355,73711,4965],"class_list":["post-306648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-binance","tag-blockchain","tag-cryptocurrencies","tag-ethereum","tag-tokens","tag-adoption","tag-investments","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/306648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=306648"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/306648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/306649"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=306648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=306648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=306648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}