As a seasoned analyst with over two decades of experience in the financial markets, I have witnessed the evolution of technology and its impact on traditional investment platforms. Binance’s latest move to list EigenLayer (EIGEN) and other new offerings is an exciting development that reflects the rapid growth and maturation of the cryptocurrency industry.
To broaden its services, Binance, a prominent global cryptocurrency trading platform, has unveiled plans for several fresh listings. These additions aim to give traders and investors more diverse choices and prospects within the rapidly changing digital currency market.
In their latest statement, Binance revealed they will be adding EigenLayer (EIGEN) to their platform with a Seed Tag designation. EigenLayer is an innovative middleware protocol on Ethereum that introduces the idea of restaking. Interestingly, Wu Blockchain pointed out that this marks the first coin listing by Binance in some time, other than tokens from the TON ecosystem and meme coins.
#Binance will list @eigenlayer $EIGEN with Seed Tag Applied.
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— Binance (@binance) September 30, 2024
On October 1, 2024, at 5:00 a.m. (UTC), Binance plans to start trading for EigenLayer (EIGEN) alongside new pairs: EIGEN/BTC, EIGEN/USDT, EIGEN/FDUSD, and EIGEN/TRY. Withdrawals will be available starting October 2, 2024, also at 5:00 a.m. (UTC).
Other new listings
In related updates, Binance Earn has disclosed the incorporation of Toncoin (TON), Notcoin (NOT), and Dogs (DOGS) into its Binance Dual Investment program. This means that users now have an opportunity to garner extra returns when they purchase low or sell high.
As a crypto investor, I’m excited to share that starting September 30th at 1:00 p.m. (UTC), Binance Futures is introducing the COSUSDT Perpetual Contract! This new offering aims to diversify our trading options and significantly improve our trading experience. The contract will feature up to 75x leverage, promising an exciting opportunity for those seeking advanced trading possibilities. Stay tuned!
Binance Pool has begun offering a combined mining opportunity known as Bellscoin (BEL) merged mining. This enables users to simultaneously mine Litecoin (LTC) and receive compensation in the form of LTC, Dogecoin (DOGE), and Bellscoin (BEL).
Additionally, it’s worth noting that Binance has revealed its backing for the Orion mainnet swap and rebranding event, which will see Orion (ORN) change its name to Lumia (LUMIA).
At 3:00 a.m. UTC on October 15th, Binance is going to remove all current ORN trading pairs (ORN/BTC and ORN/USDT) and cancel any pending ORN trades. On October 18th at 9:00 a.m. UTC, they will open up the LUMIA/USDT trading pair instead.
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2024-09-30 19:26