- Binance facilitates the swap of League of Kingdoms’ LOKA token to Arena-Z’s A2Z.
- A2Z trading pairs with BTC and USDT on Binance from July 30.
- The transition expects minimal market disruption, focusing on liquidity and trading volume.
Binance to Host Arena-Z’s A2Z Trading from July 30
Binance has announced it will support the token swap of League of Kingdoms’ LOKA for Arena-Z’s A2Z. The swap will occur at a 1:1 ratio with trading beginning on July 30, 2025, on Binance.
League of Kingdoms Rebrands Amidst Significant Trading Surge
Binance will support the League of Kingdoms (LOKA) token swap and rebranding to Arena-Z (A2Z). All LOKA tokens will be exchanged for A2Z at a ratio of 1 LOKA = 1 A2Z. Binance will remove all LOKA spot trading pairs at 03:00 UTC on July 28 and open trading for A2Z/BTC and A2Z/USDT at 08:00 UTC on July 30.
The removal of LOKA trading pairs on July 28 anticipates a shift in liquidity and trading activity. Binance supports this transition, enabling a seamless switch to A2Z. This move is likely to draw market attention, potentially influencing trading patterns and liquidity distribution.
Market reactions remain muted due to limited direct commentary from League of Kingdoms or key opinion leaders. However, the crypto community observes the transition, focusing on the 1:1 swap and trading pair changes as primary points of interest.
Market Data and Insights
Did you know? A similar token swap event occurred with Polygon’s MATIC to POL, also facilitated by Binance, highlighting their role in supporting major token rebrands within the crypto space.
League of Kingdoms Arena’s LOKA token, priced at $0.08 with a market cap of $30.64 million, will transition to A2Z. Following a 24-hour trading surge of 286.43%, LOKA’s recent pricing reflects significant shifts, including a 32.64% increase in the past day. Data from CoinMarketCap indicates fluctuating performance over recent months.
Insights from the Coincu research team suggest that the token swap orchestrated by Binance is expected to maintain liquidity and user interest. The absence of significant regulatory concerns provides a smooth backdrop for the transition, while technological capabilities support robust trading facilitation.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/347954-binance-supports-loka-swap-arena-z/