Binance, the world’s largest cryptocurrency exchange, listed Metis in spot trading pairs today. Following this development, the altcoin price started to rise. In a recent development, Binance announced that it will also list METIS on margin. This gave the token additional power support in the market.
Binance added METIS to Earn, Convert and Margin!
cryptokoin.comAs you follow from , Binance announced today that it has added METIS to its list. He soon made another announcement for the altcoin. This time, the exchange announced that it will start transactions on margin for METIS. It will also integrate METIS into the Earn and Convert ecosystems. However, Binance has not yet added a futures contract for METS. In this context, the stock exchange made the following statement:
Binance is excited to announce the addition of Metis (METIS) to Binance Earn, Binance Convert and Binance Margin.
- Users will now be able to trade METIS against BTC, USDT, and other tokens supported by Binance Convert for zero fees.
- Binance Margin will add METIS as a new borrowable asset on Cross and Isolated Margin and will also list the METIS/USDT pair on Cross and Isolated Margin.
Spot listing announcement for METIS from Binance
Binance’s announcement that it will list Metis (METIS) on its platform marks an important milestone for the project. The listing will introduce Metis to a broader audience of cryptocurrency traders and investors. Additionally, it will provide liquidity and accessibility to METIS tokens. Trading pairs for Metis on Binance will include METIS/BTC, METIS/USDT, METIS/FDUSD and METIS/TRY. Binance’s waiver of the listing fee for Metis is a sign of its confidence in the project’s potential and is in line with its commitment to fostering innovation in the cryptocurrency space.
Particularly noteworthy is the application of the Seed Label to METIS, which indicates that it is an innovative project in the crypto space. This designation serves as a signal to investors that METIS may exhibit higher volatility and risk compared to other tokens listed on Binance. While this can pose challenges, it also presents opportunities for those looking to navigate the dynamic landscape of emerging Blockchain projects.
Over 27% increase in METIS price
The recent 27% increase in the price of Metis attracted the attention of cryptocurrency enthusiasts and investors. At the time of this writing, Metis has reached a market cap of $718.96 million in the last 24 hours. Additionally, it recorded a trading volume of $155.19 million. The token was trading at $138.85. This significant price increase was catalyzed by the anticipation surrounding the Binance listing.
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