The mainnet of Redan coin is going to live soon in the Binance smart chain (BEP20) blockchain interoperability protocol.
Users can benefit from low transaction fees as provides the service directly. The instructions are to be made available upon release Redan of the service. For more details of this announcement, please check the official Redan medium and community. It now enables interoperability with the public chains of BSC with more chains to be supported in the future
Redan coin is migrated from Tron Explorer to Binance smart chains (BSC BEP20 Token) were migrated to their native blockchain. One advantage of this method is that investors are not required to lock up these funds. Rather, they may trade these placeholder tokens on exchanges while new projects are developing their technology, to remember that token migrations aren't always associated with new blockchain launches; they may also occur when projects simply switch from one protocol to another. To redenominate with BSC 20 instead of TRC 10 this can be effectively required for the concern of investors.
To redenominate Redan, the total supply of the tokens 200,000,000 the market cap unchanged. The Redan tokens will be upgraded from TRC10 to BEP20, and the new Redan will be issued as BEP20 tokens on the Binance smart chain.
Following the redenomination, old Redan tokens will be remain same as Redan.
The new Redan will be upgraded to a BEP20 token with the contract address 0x1e553688199d99d063c0300a12395F7cFEdB03e1, while Redan will remain a REDAN in BSC BEP20 token in new explorer
Swap Redan for BSC Token Platform : If your Redan is held on centralized exchanges, please closely follow their announcements on whether they support this BSC 20 token the latest announcements from exchanges for this information.
Autoswap on centralized exchanges : Exchanges that support REDAN redenomination will swap the token for you automatically, sparing you from any actions.
You will be able to trade, deposit, and withdraw Redan directly when the exchange completes the redenomination. For more information, please refer to the exchange's announcements on REDAN redenomination
You will be able to trade, deposit, and withdraw Redan directly when the exchange completes the redenomination. For more information, please refer to the exchange's announcements on REDAN redenomination
Swap by hand on the Redan app website: You may withdraw Redan to any wallet. Swap manually on the REDANCOIN app website
In the redenomination, Redan (the old token) will be renamed as REDANCOIN whereas the new token will be named REDAN. Please distinguish the old and new tokens according to their names, standards, IDs, and contract addresses to prevent financial losses;
At the moment, REDAN can only be swapped BSC BEP20 at Redan app official website and exchanges that support the redenomination. Please do not use other channels for the swap to prevent financial losses;
When depositing or withdrawing REDAN tokens on an exchange, please make sure that the symbol and full name of the token you are depositing or withdrawing match the one supported by the exchange. If there is a mismatch, please do not proceed with your action. If you deposit an asset that is not supported by the exchange by accident, please contact the customer service of the exchange immediately.