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Author Topic: Binance Grants Support to Polkadot's Parachain Auction Upcoming in November -  (Read 704 times)

Offline Dark Knight

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Binance declared its support for the Polkadot Parachain Slot Auction in November 2021 in the News section of its blog. Participants will be notified closer to the auction. Polkadot is ready for the parachain deployment, according to the project’s co-founder.

Parachains are used to achieve complete interoperability across multiple Layer 1 networks. To join the network, each chain must gather the required amount of votes through auctions. Previously, the Kusama network conducted several auctions in June and July to test the procedure.
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Binance is currently the most popular exchange.If a coin is listed on the Binance Exchange then the condition of that coin is like going to the moon because if it is listed here then the price of the token increases ten times.Many large bounty managers now want to list their tokens on this exchange so that the future of tokens is much better.

 

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