Cryptocurrency giant Binance has officially launched three new altcoins—ONDO, BIGTIME, and VIRTUAL—on its trading platform following a successful community voting initiative. The coins will commence trading today at 17:00 Turkey time, with pairs available including ONDO/USDT, ONDO/USDC, BIGTIME/USDT, BIGTIME/USDC, VIRTUAL/USDT, and VIRTUAL/USDC. However, these coins will no longer be available for purchase through Binance Alpha, although transfers to spot wallets for trading will still be possible.
How Was the Listing Decided?
The decision to list these altcoins was driven by overwhelming community interest as evidenced by the Voting process, which attracted over 523,000 votes. After eliminating invalid votes, the candidates that garnered the most support and met Binance’s criteria for compliance and risk evaluation were selected for listing.
What Are the Unique Features of Each Coin?
Each newly listed coin has distinct characteristics. ONDO functions as a decentralized investment banking protocol, providing innovative financial products. BIGTIME, a multiplayer RPG, has received enthusiastic backing from the gaming community. Meanwhile, VIRTUAL specializes in AI-driven game content creation.
Trading for these altcoins opens officially today at 17:00 Turkey time, with deposits starting from 13:00. Withdrawals for these coins will be initiated on April 12 at 20:00. Alongside this, the Spot Algo Orders will be activated, and trading bots, as well as Spot Copy Trading features, will be accessible within the next 24 hours.
Binance is labeling these three coins with a “Seed Tag,” signifying their innovative nature and potential for high value. This label, however, also indicates the possibility of significant volatility, prompting users to perform thorough research before engaging in trading activities.
– The listing was based on a strong community vote with over 523,000 total votes.
– The new altcoins offer unique features: ONDO for investment banking, BIGTIME in gaming, and VIRTUAL for AI content.
– Trading begins today, with deposits and subsequent withdrawal timelines clearly set.
With the introduction of these altcoins, Binance is not only expanding its market offerings but also emphasizing the importance of community input in the listing process. Users are encouraged to stay informed and exercise caution when trading these new assets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Source: https://en.bitcoinhaber.net/binance-enters-new-altcoins-to-trading-market