Today is a busy day for cryptocurrency enthusiasts, with a significant number of altcoins being listed on various exchanges. In particular, listing announcements from the Binance platform, the world’s largest cryptocurrency exchange by daily transaction volume, attracted attention. This increase in listings shows continued interest in the crypto market. It also reflects the emergence of new projects competing for investors’ attention.
Binance lists Bittensor
Binance, the world’s largest cryptocurrency exchange, leads the group. They added Bittensor (TAO) to their platform, allowing users to trade the token against Bitcoin (BTC), Tether (USDT), Binance USD (BUSD) and Turkish Lira (TRY). According to the official announcement of the stock exchange, the trading process for these trading pairs will start today, around 15:00 GMT. Withdrawal transactions will become operational tomorrow, April 12, 2024, at 15:00 CET. Bittensor aims to train participants on machine learning and models in a distributed manner. So, it is a P2P machine learning protocol.
Bittensor will be listed with the “Seed Tag”. This tag represents projects that may exhibit higher volatility and risks compared to other listed tokens. To gain trading access to tokens marked with Seed Tag, users must pass the relevant tests and accept the Terms of Use on Binance Spot and/or Binance Margin platforms every 90 days.
What are the other listings?
A few more exchanges are joining the listing party. LBank welcomes Ordinals (ZBIT), a project focused on integrating NFTs with the Bitcoin Blockchain. Bitget lists Kitten Haimer (KHAI), while BitMart adds Scallop (SCA) and CatWifHat (CATWIF) to its offerings. For DeFi (Decentralized Finance) enthusiasts, KuCoin also lists Masa (MASA) alongside MEXC and Bybit.
This trio of listings highlights the growing importance of DeFi solutions and the potential Masa has in this space. In particular, Masa is also included in PancakeSwap, which serves users in the Ethereum and BNB Chain ecosystems. Other notable listings include Electroneum (ETN) on Gate.io, Bybit, KuCoin and Eesee (ESE) on Gate.io, Megalink (MG8) on LBank, Aevo (AEVO) on Bitkub, Trex20 (TX20) on BingX ) and BingX includes 1ex (1EX).
Listing rush impacts crypto market
This flurry of activity underscores the dynamism of the crypto market. While some of these projects are established players, others have been relatively new players looking to make their mark. Investors are advised to conduct thorough research before making any investment decisions, especially for lesser-known tokens.
As a result, projects listed on exchanges today span various sectors in the crypto space, from DeFi and NFTs to machine learning protocols. When listed on more than one exchange, these projects become more accessible to a wider range of investors. However cryptokoin.com As we always report, it is very important to research any project before investing, especially those with limited track record.
To be informed about the latest developments, follow us Twitter’in, Facebookin and InstagramFollow on . Telegram And YouTube Join our channel.