Breaking: Binance Confirms EigenLayer (EIGEN) Listing After Coinbase

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As a seasoned analyst with over two decades of experience in the financial markets, I have witnessed numerous listings and their subsequent impact on digital assets. In this case, the listing of EigenLayer (EIGEN) on Binance and Coinbase has piqued my interest.

Binance announced on Monday that they will be listing the decentralized Ethereum staking protocol, EigenLayer (EIGEN), for trading on their platform soon. This news comes as Coinbase also shows support for the ERC-20 cryptocurrency, fueling a surge of optimism about its future in the market.

Binance Reveals EigenLayer Listing WIth Seed Tag Applied

Based on an official Binance announcement dated September 30, I’m thrilled to announce that starting October 1 at 05:00 UTC, I’ll have the opportunity to invest in EigenLayer (EIGEN) through spot trading! The available pairs for trading will be EIGEN/BTC, EIGEN/USDT, EIGEN/FDUSD, and EIGEN/TRY. To get ready, users can now start depositing their EIGEN tokens in anticipation of the trading commencement.

At the same time, Binance announced that withdrawals for this particular asset will start on October 2 at 05:00 UTC. The exchange has set the listing fee at zero BNB, emphasizing their commitment to a smooth listing procedure. Additionally, users were informed that a “seed-tag” would be assigned to the asset, which signifies a high level of risk and volatility.

Regardless, the announcement quickly drew considerable interest from various sectors of the crypto market. Interestingly, Coinbase, another prominent crypto exchange, previously announced that it would be listing EigenLayer, further fueling optimism for the asset. Consequently, the major exchanges’ listings have attracted a significant amount of investor attention towards the ERC-20 token. Crypto market fans are debating whether these listings could spark an upward trend in the coin’s price.

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2024-09-30 13:03