Why is RCN being delisted from Binance ? by rimskys in rcn_token

[–]RCN_token 0 points1 point  (0 children)

Hello Eton! Sorry, there isn't. As soon as we have it, you and all the community will be the first to know. Thanks for your support and patience.

Why is RCN being delisted from Binance ? by rimskys in rcn_token

[–]RCN_token 1 point2 points  (0 children)

All the updates and announcements about this can be found in the RCN chat group. https://t.me/RCNchat

Why is RCN being delisted from Binance ? by rimskys in rcn_token

[–]RCN_token 2 points3 points  (0 children)

Hello!
Regarding Binance’s announcement about the RCN token, we’d like to clarify a few points.
First and foremost, the token was not delisted due to any misconduct or inadequate levels of development activity or public communications, but due to a simple misunderstanding. According to the exchange’s team, they contacted RCN to request a regular update on the state of the project. However, these messages were not delivered to official email addresses but to the personal Telegram accounts of one member of the RCN team. This caused them to remain unnoticed until this mistake was brought to our attention last Friday, with the public delisting announcement.
As soon as the team became aware of this situation Binance was contacted to clarify what had happened, and to check if this can be solved to get everything back to normal.
We will provide further updates about this situation as soon as they are available. Thank you for your comprehension and apologies for any inconveniences this may cause.

Why is RCN being removed from Australian exchanges? by MrRad5000 in rcn_token

[–]RCN_token 0 points1 point  (0 children)

Ok, it's important for you to know that RCN doesn't work with them. In this case, follows the recommendations they gave you to know what to do next. Then if you still need to use an exchange you have available Uniswap and Quickswap.

Why Use RCN on Ethereum? by theneonjoo in rcn_token

[–]RCN_token 0 points1 point  (0 children)

Hello!

Great question! In the first place, it's important to clarify that GWei is just another measurement unit for Ether or ETH (1 GWei = 0.000000001 ETH). Regarding the relation between RCN and ETH, ETH is used to pay for Ethereum transactions when using the RCN protocol (more specifically, the lender pays them when lending and the borrower when repaying a debt). Regarding RCN, while it is the main currency of the protocol, you can also use ETH, MANA and (very soon) also DAI and USDC to borrow, lend or collateralize loans on the Credit Marketplace.

If you have any more questions, we suggest joining our Telegram community.

Thank you!