Today, Binance has completed the ERC20 integration of WAX (WAXP) and the integration of BUSD on the Avalanche and Polygon networks. Binance announced these two integrations on its official website and Twitter handle. #Binance completes ERC20 Integration of WAX $WAXP, opens deposits and withdrawals.https://t.co/VLh2XGTRne — Binance (@binance) September 19, 2022 ERC20 Integration of WAX (WAXP) Today, Binance has completed the ERC20 integration of WAX (WAXP). The Ethereum Network has now opened up deposits and withdrawals for WAX (WAXP). The ERC-20 establishes a protocol for fungible tokens, which means that each token is precisely the same (in terms of type and value) as every other token. In 2015, smart contracts gained popularity, but several problems needed to be solved. Anyone could manufacture a token, so a lot was being produced. Integration of BUSD Today, Binance announced that it had completed the integration of Binance USD (BUSD) on the Avalanche and Polygon networks. Both networks now accept BUSD deposits and withdrawals. Users can transfer BUSD between the Ethereum, BNB Chain, Avalanche, and Polygon networks. ERC-20 is a standard used by several popular digital currencies. Some of them are: Tether USD (USDT), USD Coin (USDC), Shiba Inu (SHIB), Binance USD (BUSD), BNB (BNB), DAI Stablecoin (DAI), HEX (HEX), Bitfinex LEO (LEO), MAKER (MKR) The ERC-20 standard plays a significant role in the blockchain because it establi...
