Nimbus Announces It Will Integrate With Binance Smart Chain

Peter Oflina
2 min readJul 20, 2021
Nimbus Announces It Will Integrate With Binance Smart Chain

With the aim of improving the ecosystem and reducing transaction costs, Nimbus Binance, a DAO-managed ecosystem that offers 16 different earning strategies, announced the test launch on its Smart Chain network.

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Besides, Nimbus is launching its new tokens BEP20 NBU and GNBU. The BSC network has a huge potential for Nimbus due to its advantages such as reaching a larger investor base and 10x lower transaction fees.
NBU and GNBU showed a 3-fold price increase in the days after the test launch. Thinking why not to experience something similar this time, the team explained why it has done this integration now. Especially in the last few months, with the high volatility in cryptocurrencies, Ethereum gas fees have increased tremendously, sometimes miners were paid $ 100 to make a simple transfer.
On the other hand, the average cost of a transaction on the Binance Smart Chain network during the same period was between $0.2 and $0.3. With the integration of Nimbus into Binance Smart Chain, both users and liquidity providers will be freed from these exorbitant network fees.
On the other hand, the Binance Smart Chain network is very popular in China and our Chinese community has been demanding this integration for a while. Finally, listing Nimbus tokens on the Binance Smart Chain network will become much easier. The biggest factor here is BSC’s support for the Ethereum Virtual Machine (EVM) and allowing us to run all kinds of smart contracts.

About Nimbus Platform

Nimbus is a DAO-managed dAps ecosystem that offers its users 16 different earning strategies based on multiple risk management, IPO participation, lending, arbitrage trading in cryptocurrencies.
All users have to do is choose their own earning strategy, pool or cryptocurrency. In other words, there are different privileges for everyone at Nimbus.
With over 50,000 users currently, NIMBUS is a fast-growing ecosystem that offers high returns in places with high cryptocurrency adoption.
To learn more about migrating to BSC networking: https://nimbusplatform.medium.com/tired-of-high-gas-fees-nimbus-expansion-to-binance-smart-chain-will-resolve-that-7ebaada9cc75
To learn more about Nimbus, you can visit our website or send us to Telegram, Youtube, Twitter and you can follow on Medium.
Global telegram: https://t.me/nmbplatform
Turkish community: https://t.me/Nimbus_Platform_TUR

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Peter Oflina

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