BankSocial Completes Ecosystem Upgrade & Relaunches as BSL on the Binance Smart Chain

October 11 22:21 2021
BankSocial has relaunched as BSL on Binance Smart Chain after the successful upgrade on Ethereum and the launch of official mobile applications.

BankSocial Completes Ecosystem Upgrade & Relaunches as BSL on the Binance Smart Chain

DALLAS, TX – BankSocial™, a next-generation FinTech platform that offers block-chain based financial tools and services, has re-launched its Binance Smart Chain based contract as $BSL and is now available for trading on both centralized and decentralized digital exchanges. 

Since its initial launch in May 2021, BankSocial™ has amassed a global following of more than ten thousand investors and has introduced first-of-their-kind technologies that are already revolutionizing outdated financial services. The re-launch of $BSL on the Binance Smart Chain completes BankSocial’s™ ecosystem-wide upgrade that has introduced new user-focused experience features, upgraded security measures, and enhancements to the organization’s compliance framework. 

BankSocial™ community members who held decentralized $BSOCIAL on the Binance Smart Chain were “airdropped” a proportionate number of newly deployed $BSL which has an equivalent dollar value. All $BSOCIAL that remains in the user’s wallet is now void of value and cannot be traded. Additionally, having never been accomplished before, BankSocial’s™ team of developers secured the same contract address for $BSL on the Binance Smart Chain and Ethereum blockchain. By utilizing the same contract address for $BSL across multiple blockchains, BankSocial™ has streamlined the process for individuals interested in acquiring $BSL and has removed opportunities for error for its users. 

John Wingate, CEO of BankSocial™ stated “we’re extremely pleased with how smoothly our ecosystem-wide upgrade went and are already seeing the additional value it has created for our community. Being the first to utilize a singular contract address across multiple blockchains is just one example of how we’re pushing the boundaries of the blockchain further than ever before while simultaneously keeping our community members at the forefront of our endeavour. ” 

In addition to completing its ecosystem upgrade, BankSocial™ also recently released its mobile application for Android devices on Google Play. Leveraging the blockchain and providing global access, the mobile application serves as a gateway to a full range of personal and business financial services, including payments, financial transfers, and lending, along with the storage of NFTs, amongst other features. BankSocial™ is completing community testing of its mobile application for iOS devices and plans to release its app in the Apple App Store in the coming weeks. 

For more information about BankSocial™, $BSL, and the BankSocial™ mobile application, visit

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