Binance have confirmed that they will support the EOS Mainnet token and will swap all the ERC-20 tokens held by traders on their exchange for EOS tokens from the EOS Mainnet chain.
EOS.IO are currently using an Ethereum ERC-20 token to represent tokens on the yet unreleased main chain. The actual EOS blockchain is due for release in June and there has been much discussion on what will happen with the ERC-20 tokens and how to ensure your tokens can be successfully swapped for the EOS mainnet tokens.
You can of course register your tokens manually to ensure you receive EOS Mainnet tokens however some people who are less tech-savvy may struggle with this, so this news from Binance will be a relief for many traders.
Released today on Binances support blog:
Fellow Binancians,
Binance would like to confirm that we will support the EOS MainNet Token Swap. We will handle all technical requirements involved for all users holding EOS.
Learn more about EOS (EOS)!
Thanks for your support!
Binance Team
For those of you who would like to register your EOS ERC-20 tokens manually we will be releasing an article in the near future covering this in an easy step-by-step format.
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