Release Of The CoinEx Smart Chain, CSC, CET
While the Bull market was hot, I decided to purchase exchange tokens. I got in on BNB in it's earliest days and bought quite a bit of BNB between $.30 usd and $.75 USD, which has been my all time biggest win in crypto by far, so I decided to try to find a repeat performance.
One of the exchange tokens I bought, partly as a result of a tip from a Hive friend is #cet
They are working on their own smart chain modeled after BSC (Binance Smart Chain) While it is a smaller more humble exchange than Binance, I'm hoping for some growth. Current price at the time of this post is $.05 and I hold nearly 40,000 CET, the token of the exchange and now their CSC.
Today I received an email from the CoinEx.com team.
We are thrilled to announce to all community members and ecological partners that after thorough testing and rigorous verification by our dev team, CoinEx Smart Chain (CSC) Mainnet will be officially released to the public on June 30, 2021!
So, it begins and we will see if their new chain gives my investment any growth, but what is the CSC?
Much like BSC and SOL it is a ETH copy using POS instead of POW to create a more efficient and faster chain. It will be more decentralized that BSC with many of the same features and geared to host DEFI projects.
The good thing about my holdings is I actually like the exchange which can be accessed via a simple email login and the exchange uses the BSC version of BNB which is nice if you use #cub to have direct easy transfers between the exchange and #cubdefi.
The CSC will work with MetaMask and other highly developed tools adapted from ETH and I am looking forward to see if there is any growth.
Posted Using LeoFinance Beta
