The world’s largest crypto trade Binance on Tuesday mentioned it’s itemizing new W token by Wormhole, a number one interoperability platform powering multichain functions and bridges. The crypto trade’s announcement sparked pleasure within the crypto neighborhood, however the token is listed with seed tag utilized.
Different crypto exchanges together with OKX, MEXC, HTX, KuCoin, Gate, Bitget, WOO X, AscendEX, BitMart have additionally introduced itemizing W token.
Binance Publicizes Wormhole (W) Token Itemizing
In an official announcement on April 2, crypto trade Binance revealed Wormhole’s W token itemizing with seed tag utilized. The W token will probably be accessible for buying and selling in 4 spot pairs — W/BTC, W/USDT, W/FDUSD and W/TRY.
Customers can now begin depositing Wormhole’s W token for now. Additionally, the token will probably be accessible for buying and selling from 12:00 UTC on April 3 and withdrawals for Wormhole will open at 12:00 UTC on April 4.
Binance itemizing Wormhole’s W token in seed tag that represents revolutionary initiatives that could present greater volatility and dangers as in comparison with different listed crypto tokens.
“W is a comparatively new token that poses a better than regular threat, and as such will probably be topic to excessive worth volatility. Please make sure that you train enough threat administration, have accomplished your personal analysis with reference to W’s fundamentals, and totally perceive the challenge earlier than opting to commerce the token,” as per the announcement.
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Binance Ethena (ENA) Itemizing
Binance additionally introduced itemizing Ethena (ENA) to quite a lot of its services. ENA is added to Easy Earn, Binance Convert, Binance Margin, Binance Futures, and Binance Auto-Make investments. Customers may also commerce ENA in opposition to BTC, USDT and some other tokens at zero charges on Binance Convert.
ENA worth debuts 11% decrease amid the crypto market selloff. The value presently trades at $0.615. Nevertheless, buying and selling volumes of over $800 million point out large demand for the coin.
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The introduced content material could embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.
