Binance Announces It Will List This Altcoin: Price Jump Has Occurred!

Binance has listed altcoin Magic (MAGIC) in the Innovation space and opened trading for these spot trading pairs at 08:00 2022-12-12.

After the announcement, there was a 70 percent increase in MAGIC.

Binance to List Altcoin Magic (MAGIC) in Innovation Space

• New Spot Trading Pairs: MAGIC/BTC, MAGIC/BUSD and MAGIC/USDT
• Users can now start depositing MAGIC to prepare for trading
• Withdrawals for MAGIC opened on 2022-12-13 08:00.
• MAGIC Listing Fee: 0 BNB.

Note: Withdrawal open time is an estimated time for users’ reference. Users can view the actual status of their withdrawals from the withdrawal page.

In addition, Binance will add MAGIC as a new loanable asset to these new margin pairs with Cross Margin and Single Margin within 48 hours starting 2022-12-12 08:00.

New Cross Collateral Pairs: MAGIC/BUSD, MAGIC/USDT

New Single Margin Pairs: MAGIC/BUSD, MAGIC/USDT

What is Magic (MAGIC)?

Magic is the token of Treasure, a gaming infrastructure and ecosystem project at Arbitrum. It has products like Bridgeworld, The Beacon, and Trove. MAGIC is a governance and utility token for NFT transactions, staking, governance and other gaming functions.

The Innovation Zone is a special trading zone where users can buy and sell new, innovative tokens that are likely to have higher volatility and higher risk than other tokens.

Before trading in the Innovation Zone, all users are required to carefully read the Binance Terms of Use by visiting the web version of the Innovation Zone trading page and complete a questionnaire as part of the Initial disclaimer.

MAGIC is a relatively new token with higher-than-normal risk and therefore will likely be subject to high price fluctuations.

*Not investment advice.