Monday, October 25

Orion Protocol (ORN) Joins Binance Smart Chain

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orion

Orion Protocol (ORN) announced the integration of Binance Bridge into Orion Bridge.

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This makes it possible to buy and sell Ethereum (ETH) based ERC-20 tokens from wallets on Binance Smart Chain (BSC).

Transactions can be handled on the BSC via a utility wallet. This means that Ethereum users can benefit from much cheaper transactions in the competing smart contract chain. When sending tokens to the Orion terminal, only the gas fee will be paid.

BSC functions as a parallel chain to Binance Chain, rapidly gaining popularity due to its relatively low barrier to entry. However, it’s still pale compared to Ethereum, with only $ 14.64 billion in total value on the ecosystem. PancakeSwap (CAKE) continues to be BSC’s only main application.

The integration also allows users to trade tokens such as Bitcoin (BTC) and Litecoin (LTC).

Orion Protocol also plans to bring NFT service to its users.

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