Massive support awaits Binance Chain as Ledger Nano S pledges support

Ledger Nano S to provide security support for Binance DEX users.
BNB tokens migration from ERC-20 to BEP-2 tokens has begun.

John Isige FXStreet

Following the groundbreaking launch of Binance DEX on April 23, Ledger Nano S has announced its support for Binance Chain. Binance exchange has launched two huge projects, Binance protocol and Binance decentralized exchange within a span of a few weeks.

According to the official announcement by Ledger Nano S, users will be able to trade their coins free while their private keys stored offline.

“With Binance’s Decentralized Exchange now live, we are happy to be able to provide Ledger’s security support,” said Eric Larchevêque, CEO of Ledger.

Binance has also begun the migration of its BNB tokens from Ethereum platform to Binance Chain to become BEP-2 tokens.

Author

John Isige

FXStreet

John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren

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