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Binance DEX Lists Aeron’s CryptoBonusMiles (CBM) Token

  • Alex Dovbnya
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    The CBM token will now be powered by Binance Chain after abandoning Ethereum    

Binance DEX Lists Aeron’s CryptoBonusMiles (CBM) Token
Cover image via 123rf.com

Aeron, a Blockchain startup that digitalizes and secures aviation logbook data, has announced that CBM, the token of its sub-project CryptoBonusMiles, has been added to Binance DEX.

The users of the second largest decentralized exchange were able to start trading CBM on Aug. 15.

Managing all bonus miles with one app  

Blockchain-powered loyalty aggregation program CryptoBonusMiles was launched by Aeron in September 2018. This is a useful tool for frequent flyers who have a hard time keeping up with a slew of bonus miles that often simply get expired. 

The app’s active users can be rewarded with CBM tokens that will allow them to purchase cheaper airline tickets. Back in November 2018, Binance conducted the CBM airdrop for ARN token holders. Now, the token can be bought or sold on Binance DEX.

      Abandoning Ethereum  
CryptoBonusMiles is the latest project to ditch Ethereum in favor of Binance Chain, the custom Blockchain of the Malta-based cryptocurrency giant. All ERC-20 CBM tokens are automatically converted to the BEP2 standard.

Mithril was the very first project to migrate to the new platform back in April, which resulted in triple-digit price growth.        

Because of its scalability and flexibility, Binance Chain has the potential to edge out Ethereum. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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TRX Price Goes Green as the Number of Registered Tron Accounts Hits 3.8 Mln

  • Yuri Molchan
    📰 News

    Tron’s TRX was the second highest-growing asset earlier today, as number of accounts on the network got over 3.8 mln

TRX Price Goes Green as the Number of Registered Tron Accounts Hits 3.8 Mln
Cover image via www.123rf.com

Justin Sun-founded Tron has reached another big milestone, this time it concerns the number of active accounts on the network.

From a recent tweet of a Tron community member, it is clear that the number of accounts registered on Tron now totals more than 3.8 mln – 3,803.403 as per the offered screenshot.

As per the Tron’s market stance, TRX has so far managed to hold on to position #11 on CoinMarketCap, where it has recently returned after spending quite a long while on spot #14.

Earlier today, Tron showed the second best price performance on the top 11 list, coming second after XRP.

XRP-TRX
Image by CoinMarketCap

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At press-time, TRX is sitting at $0.0165, showing a mild rise by 1.75 percent. As reported by U.Today earlier, this morning, the coin demonstrated a spike by 4.32 percent.

TRX price
Image by CoinMarketCap

As well as getting back to position #11 on CoinMarketCap, recently, Tron celebrated 500,000 new users joining the network. Another recent milestone reported by Justin Sun was the significant progress with users transferring their USDT coins to the Tron chain.

 

Are you bullish on further TRX price? Talk to us in the comments section below!

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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