Binance and OKEx announced support for the upcoming hard forte Ethereum

Exchange Binance and OKEx announced the beginning of support for Ethereum hardfork called Constantinople. The corresponding statement of the site was made on January 3, the day of the bitcoin decade. Representatives of the exchanges noted that the introduction of new hard forks will expand the possibility of settlements and investment operations.

Prospects for using Constantinople

Thanks to the use of Ethereum hard forks, eirdropy and fundamentally new projects will appear. Representatives of Binance note that negotiations are underway with their authors to ensure the most prompt support. A similar statement was previously made by OKEx. Previously, it was possible to reach a consensus on the hardfork of Constantinople. A block of 7,080,000 will be found from 14 to 18 January.

The upgrade was originally scheduled for November last year and included a number of optimization innovations. In addition, Ethereum was going to switch to the Proof-of-Stake algorithm, but this process could take up to 18 months. In the case of the start of support for Constantinople, business should be significantly accelerated by attracting new developers and investors.

ETH, which ranks second in CoinMarketCap in terms of total capitalization, continues to grow. Within a few hours, he was able to climb 5 percent. ETH is trading around $ 154, with all the prospects for further development. Information about when exactly Binance and OKEx will start supporting Ethereum hard forks called Constantinople is not yet available.

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