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The Binance Launchpad platform is set to continue its rise as one of the best token hosting platforms after announcing that it would host the Matic Network token sale.

Matic Network Token Coming To Binance

Binance revealed in a blog post yesterday, April 1 that its Launchpad platform would be hosting the token sale of Matic Network. This would be the fourth project of the year for Binance Launchpad.

The Matic Network is designed as a platform for scalable and instant blockchain transactions. The token sale process will commence on April 24th, 2019 at 8:00 AM UTC, with Binance announcing that it would be using its newly adopted lottery system to carry out the process as it aims to boost transparency and fairness.

The CEO of Binance, Changpeng Zhao stated:

We are humbled by the overwhelming support and interest in Launchpad projects that are helping unlock the large potential of blockchain technology and aiding in crypto adoption and I believe that Matic Network is going to play a key role in this future.

According to the blog post, Binance Launchpad is committed to presenting the best cryptocurrency projects to investors all over the world.

Binance Trust Wallet Now Supports Stellar Lumen, Four Others

Trust Wallet, the official wallet of Binance announced last week that it had added support for Stellar Lumen and four other cryptocurrencies, Aion (AION), Kin (KIN), Nimiq (NIM) and Thunder Token.

Binance stated that the support for Stellar Lumen (XLM) is all part of their mission for Trust wallet to become the primary choice for storing all the top 20 cryptocurrencies. Trust wallet is impressed by the addition of NIMIQ as it is the first community coin added to the platform. The Trust Wallet is available for download on both Android and iOS devices.

Binance Rolls Out New Price Indicators

In a bid to make it easier for traders and investors to track the prices of cryptocurrencies, Binance has launched new indicators. These new indicators enable users of the platform to follow price breakthroughs and significant price movements on the exchange.

“The indicators can be found on the basic view and the Windows PC Client,” the cryptocurrency exchange noted.

Binance Meetup In Indonesia

Over the past week, Binance held a meetup event in Pescara, Italy. The next event would be in Jakarta, Indonesia, on April 6. The meetup events are part of Binance’s effort to reach out to major cities in the world with the hope of educating more people on cryptocurrencies.

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