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Covesting Announces native COV ERC-20 Token Bridge to Binance Smart Chain and PancakeSwap Listing
Covesting will have a proprietary bridge inside a special section of the company website that will enable token holders to easily switch tokens to and from.
FREMONT, CA: Covesting, a European fintech software developer focusing on B2B partnerships and innovative cryptocurrency products, has announced that the native COV utility token to the Covesting ecosystem will be listed on Binance Smart Chain as a BEP-20 token.
As a result, the COV token will become multi-chained, interchangeable between Ethereum-based ERC-20 tokens and Binance Smart Chain-enabled BEP-20 tokens. Covesting will have a proprietary bridge inside a special section of the company website that will enable token holders to easily switch tokens to and from.
The benefits of Binance Smart Chain integration are:
Low-priced transaction fees that reach as low as one cent
High-performance abilities that produce blocks in three-second intervals
Access to cross-chain DeFi applications
Exchanging tokens between blockchain networks allows the token holders to use their favorite chain without being restricted to the network choice of the contract owner.