Whale Alert service recorded the transfer of 200 thousand BNB tokens from the Binance crypto exchange to an unknown address
Internal tokens of the Binance Coin trading platform with a total value of $100 million were withdrawn from the Binance cryptocurrency exchange, the world’s largest in terms of trading volumes, in one transaction. The transaction was recorded by the Whale Alert service, which tracks large movements of cryptocurrencies. According to the service, 200 thousand BNB tokens were transferred to an unknown address, the transfer fee was $0.038.
Binance Coin is a token of the Binance crypto exchange, which is used to pay trading commissions, as well as when conducting exchange offers (IEO) on the Binance Launchpad platform.
Yesterday, on September 5, Binance announced the delisting of trading pairs with the Singapore dollar (SGD). The mobile application of the crypto exchange will disappear from the regional platforms of the App Store and Google Play. The trading platform took such actions because of the requirements of the Singapore regulator.
On September 2, it became known that the Monetary Authority of Singapore (MAS) added the Binance website to the warning list for investors. The regulator warned that the trading platform does not have a license to provide any services in the country and should stop providing services to residents of Singapore.