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DOMAINS TOKEN-G

Ronald Maguire

22 May 2022 159 Read Crypto , Altcoins

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Binance Now Supports Optimism

Binance has added support for Optimism, a Layer 2 scaling solution for Ethereum. Currently only supporting deposits, Optimism can support all Ethereum dApps. According to the official announcement of the exchange, withdrawals from the Optimism network will be initiated when there are enough assets in the wallets. Thanks to L2 blockchains like Optimisim, users can send and receive Ethereum with improved transaction speeds and lower costs.

Optimism plans to launch a coin soon. The blockchain, which will have a management coin named OP, will be managed by two houses named Citizens' House and Token House. Token House will manage a governance fund.

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