Binance Completes Nillion Integration on Ethereum ERC-20, Ends Mainnet Support
According to Binance, deposits and withdrawals for Nillion (NIL) on Ethereum ERC-20 (Ethereum token standard) are now open after the exchange completed the token integration.
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Summary
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Terms & Concepts
ERC-20: A common Ethereum token standard that defines how tokens are issued, transferred, and integrated with wallets and exchanges.
Mainnet: A live blockchain network where real transactions occur, as opposed to a test environment.
Token integration: The process of connecting a digital asset to an exchange’s systems for deposits, withdrawals, and account support.