Listing News for 12 Altcoins from Binance and These 9 Exchanges!

THE cryptocurrency the market is having an active day today. As many new tokens are listed on different exchanges such as Binance, investors are following the developments with enthusiasm. In this article, we will look at some important listed tokens and their stock movements as of June 20, 2024. Here are the details…

Binance makes a new listing: LayerZero (ZRO)

Cryptocurrency exchange giant Binance announced today that it has listed the LayerZero (ZRO) token. ZRO is defined as a permissionless Omnichain interoperability protocol. This protocol aims to facilitate communication in the cryptocurrency ecosystem by providing lightweight messaging between different Blockchains. Binance opened ZRO/BTCZRO/USDT, ZRO/FDUSD and ZRO/TRY trading pairs for ZRO.

Although users can now start depositing ZRO to transact, withdrawals will be possible starting June 21, 2024. Binance also announced that it will not charge any registration fees for ZRO. However, Binance also said it applied a “seed tag” for ZRO. The seed tag is a marking used for newer, high-risk projects. This highlights that ZRO is likely to be subject to high price volatility and that investors should conduct thorough research before trading.

What projects are listed on other exchanges?

There was activity in cryptocurrency market outside of Binance today. Other important developments include:

• Bitget: Lists the LinqAI token (LNQ) with the LNQ/USDT trading pair.
• LATOKEN: Lists the Nectar (NEC) token.
• Gate.io: Lists the Spacemesh token (SMH) with the SMH/USDT trading pair.
• BitMart: will list Land Wu (LANDWU) and Neva (NEVA) tokens with LANDWU/USDT and NEVA/USDT exchanging pairs at 17:00 UTC, respectively.
• BingX: Lists the BobaCat (PSPS) token with the PSPS/USDT trading pair.
• XT.com: Lists the Undeads Games (UDS) token with the UDS/USDT trading pair.
• Indodax: Lists Aerodrome Finance (AERO) and Velodrome Finance (VELO) tokens as of 17:00 UTC.
• Bitfinex: Lists Bridged USD Coin (LayerZero) token (LZUSDC) with trading pairs ZRO/USD and ZRO/USDt.
• MEXC Global: Lists the Aqualibre (AQLA) token with the AQLA/USDT trading pair.

What do exchange listings mean for altcoins?

While these listings offer new opportunities to investors, they also increase the recognition of innovative projects on the market. However, as always, investors should do their own research and manage their risks carefully before trading. In particular, tokens marked with seed tags require special attention as they carry high risk. THE cryptocurrency The market had an active day with new listings today. Investors should take their actions with attention to risk management while evaluating new opportunities. Following these developments and reading the market correctly will increase investors’ chances of success.

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