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Binance Enables TheSandbox (SAND) Transfers on Base Network

According to Binance, users can now deposit and withdraw SAND tokens via Base following full integration of the network.

SAND

Summary

Binance announced on Dec. 15 that it has completed integration of TheSandbox (SAND) on the Base network. Deposits and withdrawals of SAND are now available, marking the token’s expanded accessibility on the layer-2 Ethereum scaling solution. This official statement from Binance indicates continued support for diverse blockchain networks.

Terms & Concepts
  • TheSandbox (SAND): A blockchain-based virtual world allowing users to create, own, and monetize digital assets, represented by its SAND token.
  • Base network: A layer-2 Ethereum scaling solution developed by Coinbase to offer faster and cheaper transactions for decentralized applications.
  • Token integration: The process of enabling a cryptocurrency’s transfer and usage on a new blockchain or network within an exchange.