Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
Binance will select 500 lucky HTC EXODUS 1 – Binance Edition buyers to reward them with $100 in BNB tokens.
Last month in November 2019, crypto exchange Binance joined hands with smartphone manufacturer HTC for a special edition “cryptophone”. Dubbed as the HTC EXODUS 1 – Binance Edition, the handset integrates Binance’s proprietary blockchain network, the Binance Chain with HTC’s own native Zion Vault wallet app.
As a result, the handset promises to support Binance’s decentralized exchange (DEX), the BNB token, preloaded DApps, etc. In the latest announcement, Binance has said that the “cryptophone” will be available for purchase starting December 5. The handset will be available on the official HTC Exodus website for a price of $599 USD. HTC will also allow customers to purchase the handset in cryptocurrencies like BTC, BNB, etc.
Binance has also announced a special prize for early adopters. In the blog post announcement, the company wrote:
“500 lucky individuals who purchase one of the special edition devices will each receive an Early Adopter bonus of $100 USD in BNB.”
One of the reasons Binance partnered with HTC is because the company thinks that smartphones can serve essentially as hardware wallets and something that users always keep with them safely. Binance CEO Changpeng Zhao said:
“Crypto, on the other hand, will make every smartphone both a POS terminal and a payment device, cutting out most other middlemen”.
CZ is pretty much excited to see how people might adopt digital currencies using the HTC EXODUS handset.
“The implications are profound and far-reaching. The most innovative smartphone makers are racing to adopt crypto. We are delighted to support and work with HTC EXODUS to make sure its users can access the Binance chain and DEX to help people access crypto and exchange anywhere”, added he.
On the other hand, HTC Chief Officer Phil Chen has also praised Binance’s vision. He said that by supporting DEX on the HTC handset will change the way people usually interact with the exchanges. He also added that HTC is happy to lead this change. Chen said:
“We are partnering with the biggest and most liquid crypto exchange along with the trust minimized principle of empowering users to own their own keys and run their own full bitcoin node”.
Let us also remind you that the company presented its “world’s first native blockchain phone” in May 2018. Exodus was said to be a mobile connecting point to the world of decentralized networks and a storage device providing simple access to users’ cryptos. A year later HTC announced Exodus 1s that is described as the first smartphone with full node capabilities.