As the cryptocurrency market gains strength, stock markets are making new moves. Binance, the world’s largest cryptocurrency exchange, announced its 49th Launchpool project. The exchange shared details about the process of creating the relevant token and its listing.
Binance 49th Launchpool project: ether.fi (ETHFI
cryptokoin.comAs you follow from , Binance continues to come to the fore with Launchpool projects. Investors and traders follow these moves of the stock market closely. In a hot development, Binance announced its 49th Launchpool project. The exchange stated that the new Launchpool project is ether.fi (ETHFI). In this context, the stock exchange shared the following announcement:
Meet Ether_fi (ETHFI) on Binance Launchpool! Create ETHFI by staking BNB and FDUSD.
In details about the 49th Launchpool project, the exchange stated that users will be able to stake their BNB and FDUSD in separate pools to collect ETHFI tokens for four days, starting from March 14 at 03:00 UTC. In addition, the stock market marked March 18 for 5 transaction parities. Additionally, Binance noted that it will apply the ‘Seed’ label to ETHFI. In this regard, the stock exchange included the following statement:
Binance will then list ETHFI on March 18 at 15:00 UTC and open it for trading with trading pairs ETHFI/BTC, ETHFI/USDT, ETHFI/BNB, ETHFI/FDUSD and ETHFI/TRY.
Exchange waives fees for meme coins
Meanwhile, Binance said on Tuesday that it was expanding a promotion for various cryptocurrencies, specifically meme coins on Binance Margin. The exchange will provide an hourly interest fee waiver for major trending crypto including Dogecoin (DOGE), Shiba Inu (SHIB), Pepe Coin (PEPE), BONK, dogwifhat (WIF) and FLOKI.
This move comes amid intense demand for meme coins and gaming tokens. Users can start trading to receive an automatic hourly interest fee waiver at 14:00 UTC between March 12-26. The exchange announced important meme coins such as BONK, DOGE, FLOKI, MEME, PEPE, SHIB and WIF. By the way, game tokens include BNX, GALA, PIXEL, PORTAL and YGG.
To avail the fee waiver, users need to keep the time in mind. The exchange has provided examples for users to understand the timing and interest charged. Recently, the exchange also announced new trading pairs and bots for Dogecoin (DOGE), Pepe Coin (PEPE), Shiba Inu (SHIB), and dogwifhat (WIF). Following the Binance announcement, the meme coin rally gained momentum with high optimism among investors.
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