Introducing Sui (SUI) on Binance Launchpool! Farm SUI By Staking BNB and TUSD🔥
Binance Launches 33rd Project - SUI - on its Launchpool
Binance, one of the leading cryptocurrency exchanges, has yet again announced an exciting new project on its Launchpool. This time it is SUI (SUI), a DPoS layer 1 blockchain based on Move programming language. The news has been creating a buzz in the crypto community, and the excitement is palpable.
The SUI webpage is expected to be available in just a few hours, and the Launchpool will start soon after. Users will be able to stake their BNB and TUSD into separate pools to farm SUI tokens over two days, starting from May 1st, 2023, at 00:00 (UTC).
Once the liquidity requirement is met, Binance will list SUI and open trading with SUI/BTC, SUI/USDT, SUI/TUSD, and SUI/BNB trading pairs. And the best part is, users will enjoy zero maker fees on the SUI/TUSD trading pair until further notice.
Let's take a closer look at SUI's Launchpool details:
Token Name: SUI (SUI)
Total Token Supply: 10,000,000,000 SUI
Launchpool Token Rewards: 40,000,000 (0.4% of total token supply)
Initial Circulating Supply: 528,273,717 (5.28% of the total token supply)
Smart Contract Address: Sui (SUI)
Staking Terms: No upper limit. KYC required.
Supported Pools:
- Stake BNB: 32,000,000 SUI in rewards (80%)
- Stake TUSD: 8,000,000 SUI in rewards (20%)
Farming Period: 2023-05-01 00:00 (UTC) to 2023-05-02 23:59 (UTC).
This is an excellent opportunity for those looking to get their hands on a new and exciting cryptocurrency. SUI's underlying blockchain technology and Move programming language offer unique features that make it stand out from other cryptocurrencies. With a total token supply of 10 billion, there is ample room for growth, and the 40 million Launchpool token rewards should pique the interest of crypto investors.
Binance has once again proven to be a leading player in the cryptocurrency industry by bringing innovative projects to its users. The Launchpool is a great way for users to earn rewards while supporting new projects, and SUI is undoubtedly an exciting addition to the platform. So, mark your calendars and get ready to stake your BNB and TUSD into the SUI pools to farm some tokens!
Binance Launchpool has announced the addition of Sui (SUI), a DPoS layer 1 blockchain based on move programming language, to its platform. Users will be able to stake their BNB and TUSD into separate pools to farm SUI tokens over two days, with farming starting from May 1st, 2023. Binance will list SUI when its liquidity meets the requirement and open trading with SUI/BTC, SUI/USDT, SUI/TUSD, and SUI/BNB trading pairs. Users can enjoy zero maker fees on the SUI/TUSD trading pair until further notice. Sui has a total token supply of 10 billion SUI, with 0.4% of total token supply available as launchpool token rewards. The smart contract address for Sui is Sui (SUI), and there is no upper limit for staking. KYC is required to participate in staking, and tokens can only be staked in one pool at a time. Users can unstake their funds at any time with no delay and participate in any other available pools immediately. Tokens staked in each pool and any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period. To participate, users need to complete their account verification and also be from an eligible jurisdiction.
If you liked reading our article you can follow us💜
$AEVO broke the channel and is continuing its bearish pattern. If it breaks the 0.70 region, expect new lows. On the other hand, if it regains the $1 level, some bulls may become interested to push it even higher
I see a lot of fear, with our team receiving continuous DMs asking about the next move in the market.
BTC barely took a 3-4% correction. You all need to understand that this is quite common in a bull run. We have seen 15-25% corrections in a day in previous cycles, and it's still normal. Most of the people who got shaken out were in alt longs with high leverages.
Please learn this golden rule: position sizing. Your stop loss, profit, and loss are all less important than position sizing. If you learn how to size your trades, you will see a huge difference. If you see any influencer/trader using high leverages, you don't need to follow the same leverage. They, or even we, can use those leverages because we have enough to back up those trades, which are barely 0.5-1% of our portfolio. But normally, what I see is people using 50-100% of their portfolio on a single trade with heavy leverage. This way, I can almost guarantee you will never make any money in the market.
Again, learn position sizing. Don't get shaken out. BTC will try to liquidate these longs before making a new ATH. These corrections are healthy for the market.
The $ORDI trade shared 6 days ago has reached its first target, up over 25% on the spot and 250% ROI with 10x leverage. Expecting it to hit the next target, but book some profits to be risk-free.
$TIA is ready for the next leg. On-chain data suggests gradual accumulation, while volume and other parameters are turning bullish. I'm adding a decent bag at the current market price of $11.40 in spot.
Short-term targets are $18-$20, while mid-term targets are $30 and above.
Note: Swing trades analysis are done on higher TF and takes time to hit. Use TP1 for quicker profits. ONLY ENTER IF YOU CAN HOLD POSITION FOR FEW DAYS TO FEW WEEKS
Best Strategy is to always book some profits at TP1, set the SL at entry and keep the profits running
Note: Swing trades analysis are done on higher TF and takes time to hit. Use TP1 for quicker profits. ONLY ENTER IF YOU CAN HOLD POSITION FOR FEW DAYS TO FEW WEEKS
Best Strategy is to always book some profits at TP1, set the SL at entry and keep the profits running
We are currently holding the 100 EMA 4-hour support. In the past, this support has been quite difficult to break. If you are thinking of shorting, do not do so unless we break this support with multiple 4-hour or daily candles closing below 67200.