Cryptocurrency exchange Binance announced the listing of another altcoin. Following this development, the token price skyrocketed. Elsewhere, Robinhood announced that it will add support for Solana-based meme coin dogwifhat (WIF). This news also became a catalyst for WIF.
Binance lists AXL with seed tag, price skyrocketed!
cryptokoin.comAs you’ve been following from , the crypto market continues to show strength in recent days. Meanwhile, exchanges are also reviewing their lists in line with customer demands. In a recent development, crypto exchange Binance announced that it will list Axelar (AXL) with the ‘seed’ tag. Binance will open trading for the spot transaction parities it has determined today at 14:30 CET. In this context, the stock exchange made the following announcement:
Binance will list Axelar (AXL) and open trading for these spot trading pairs on March 1 at 14:30 UTC. New Spot Trading Pairs: AXL/BTC, AXL/USDT, AXL/FDUSD and AXL/TRY. Users can now start depositing AXL to prepare for trading. Withdrawals will open on 2024-03-02 11:30 (UTC). AXL Listing Fee: 0 BNB.
Following the listing news, AXL price made a vertical rise. The altcoin made a vertical rise from $ 1.51 to $ 2.04 during the day. At the time of writing, AXL was trading at $2.04, up over 31% on a daily basis. Moreover, it was showing signs of continuing on its way as the upward momentum did not cool down.
Robinhood adds support for Dogwifhat (WIF)
In a recent announcement, Robinhood announced its decision to list Crypto platform Dogwifhat (WIF). CoinMarketCap market data shows WIF is currently trading at $0.9387. Thus, it reveals that the meme coin price has increased by 14.21% in its value in the last 24 hours. This move by Robinhood shows that the platform continues to expand into the cryptocurrency market. It also provides users with access to a variety of digital assets for trading and investing.
Popular zero-fee trading platform Robinhood is warming up to the crypto space. In this regard, regulatory transparency brings greater maturity to this sector. In February, Robinhood announced a strategic collaboration with MetaMask, a ConsenSys product, aimed at simplifying the process of purchasing cryptocurrency. This partnership is set to elevate the user experience by combining Robinhood’s efficient ordering engine with MetaMask’s popular digital wallet, providing users with a seamless and secure platform to interact with Web3 technologies.
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