Binance is a bankable name in the crypto industry and recently, the blockchain which was launched by this leading trading volume exchange has completed its upgradation to its mainnet. The latest version was known as Galileo –v.0.6.0.
As per this announcement, there are around four exchanges implemented in Galileo, the matching engine was revised with “taker” and “maker” matching logic, trading pairs are provided on Binance decentralized exchange. BinanceDEX can be delisted and now Binance Chain token assets can now be time-locked, and state sync options have been developed.
To know more about Binance and its issues, you can call on Binance customer care phone number which is functional around the clock for guidance. You can contact the team anytime and discuss your issue with them which can be resolved by taking guidance from the professional in no time. You can always contact the team to fix issues which are bothering you up and they will serve a solution which is easy to implement and can be executed without taking any external help. Use this number to fix your Binance queries.
As per the Binance DEX, now validators can propose to do voting on delisting trading pairs for reasons such as the low volume of use. With this, there can be a huge improvement in overall liquidity.
The new feature that has been added is time-locking and have several projects which are looking to list their crypto assets. As explained in the initial BEP-9 proposal and told in the Galileo announcement – sometimes it does happen that businesses use time-locked tokens for the security commitment from founders, or for collateral.
Some businesses are there which are planned to seek certain amount tokens for pre-defined periods and only vest for the future as per the schedules. For instance, there are a few projects who can lock allocations of the issued tokens as per the commitment made by the founding team; there are some business scenarios that are needed to be locked some tokens as collateral for value.
As per the complete rundown of Galileo, the recent mainnet is a hard fork of its previous version. It suggests that Galileo has acquired a minimum of two-thirds consenus from validators in order to suggest an upgrade from the previous version.
Previously there was a news related to the margin trading platform on Binance July 11. The co-founder of Binance said that margin trading is one of the most requested services from our community. Crypto assets for margin trading options are going to include Bitcoin (BTC), Ether (ETH), XRP, Binance Coin (BNB), Tron (TRX), and Tether (USDT).
Binance is the best platform for trading and has been adding more achievements in their account. If you are unable to do trading properly on Binance account and looking for guidance to fix this issue, you can directly call on Binance helpline number which is functional all the time for assistance. The team is always up for your queries and makes sure to fix them immediately by providing accessible solutions.