Key Points
- Binance will checklist Toncoin (TON) later at the moment.
- The new spot buying and selling pairs are TON/BTC, TON/USDC, TON/FDUSD, and TON/TRY.
In an official announcement, Binance revealed that it’ll checklist Toncoin (TON) at the moment at 10:00 (UTC). The alternate will open buying and selling for the next spot buying and selling pairs:
- TON/BTC
- TON/USDC
- TON/FDUSD
- TON/TRY
According to the official announcement, customers can begin depositing TON in preparation for buying and selling. Withdrawals will open tomorrow, August 9, at 10:00 (UTC).
Binance additionally revealed that the TON itemizing price is 0 BNB.
Binance will checklist @ton_blockchain $TON with Seed Tag utilized.
Details right here 👉 pic.twitter.com/9ZTFAA2fq8
— Binance (@binance) August 8, 2024
Additional Information
Binance highlighted that TRY is a fiat foreign money and doesn’t symbolize another digital currencies.
Also, the withdrawal open time is an estimated one for customers’ reference. Users can view the precise standing of withdrawals on the withdrawal web page.
For customers who’re operating Spot Copy Trading portfolios, pairs will be included by enabling them within the Personal Pair Preference part of the Spot Copy Trading settings.
Toncoin (TON) With Seed Tag Applied
Toncoin is a decentralized and open L1 blockchain created by the neighborhood utilizing a know-how designed by Telegram.
Binance additionally shared a reminder saying that TON is a newly listed token that poses a higher-than-normal danger and can possible be topic to excessive value volatility. This is why it can have the Seed Tag utilized.
Users should train ample danger administration and do their very own analysis to completely perceive the undertaking earlier than selecting to commerce the token.
Seed Tags are modern initiatives that will exhibit greater volatility and dangers in comparison with different listed tokens.
Binance noted that to realize entry to tokens marked with a Seed tag, customers should move the corresponding quizzes each 90 days on the Binance Spot/Binance Margin platforms and settle for the Terms of Use.
These quizzes are created to ensure that customers are conscious of the dangers concerned with the tokens earlier than buying and selling them.
