The world’s largest cryptocurrency exchange Binanceis preparing for a new listing through the “Launchpool” platform. The exchange will announce the listing of gaming altcoin Xai in the listing.
Binance Launchpool, allows users to deposit coins to create new assets. The platform’s 43rd project will be gaming blockchain Xai, which the exchange plans to list on January 9.
Exchange users will be able to start staking transactions using First Digital USD (FDUSD) and TrueUSD (TUSD) stablecoins, as well as BNB, between January 5-9.
Binance will add a “seed” tag after listing. It will also be underlined that the token in question has high volatility and low liquidity. Like all other “seed” labeled tokens, users who want to trade Xai must pass a test.
According to the stock exchange’s research report on the project XAIrepresents the first layer-3 project in the Arbitrum (ARB) ecosystem.
The XAI Network has an open and decentralized structure and aims to offer players a way to trade in-game items from their favorite games without having to interact with their crypto wallets.
As we reported as Koinfinans.com, the project plans to have a maximum supply of 2.5 billion XAI tokens. More than 11% of this total will constitute the initial circulating supply of the token.