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Three more Sport fan tokens to soon be available for trading on Binance

Three more Sport fan tokens to soon be available for trading on Binance

Quick take

1 minute read

  • Binance is getting ready to list another group of fan tokens by a massive sports focused token platform known as Chiliz.
  • According to the announcement, Binance launchpool, a platform that allows users to stake tokens for up to a month and help and rewards, will soon feature a few more sport fan tokens.

As the biggest cryptocurrency platform by trading volume, Binance is getting ready to list another group of fan tokens by a massive sports-focused token platform known as Chiliz.

According to the announcement revealed earlier today on the 23rd of December, Binance launchpool, a platform that allows users to stake tokens for up to a month and help and rewards, will soon feature a few more sport fan tokens.

The platform is going to allow users to stake tokens such as Binance Coin, Binance Dollar, and Chiliz token against OG as a part of the new allocations. This starts from the 24th of December up to the 23rd of January next month.

The chief executive officer of the platform, CZ has said that traditional sports and Esport industries have been much more active over the past few years when it comes to getting more involved with the crypto industry. He said:

“Fan tokens have been well-received by our users, and we are happy to work closer with Chiliz to continue providing access to them,”

This has all occurred between the two companies after they announced a strategic partnership earlier this month on the 14th of December. At the same time as the announcement, the platform revealed the listing of Chiliz fan tokens for PSG and Juventus football clubs on its launchpool side.

Even the CEO and founder of Chiliz, Alexandre Dreyfus said that the companies are expecting to include numerous more partners from the sports and entertainment space in the near future.

For more news on this and other crypto updates, keep it with CryptoDaily!

© 2020 CryptoDaily All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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