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Altcoin Listed on Binance Reached the Top of the Top 100.
#Blur , the local asset of #NFT platform Blur, continues its mid-week jump with Binance's listing news.
Cryptocurrency exchange #Binance announced today that it will start spot trading of the BLUR token. According to the statement, the altcoin was opened for spot trading in BTC, #USDT and Turkish lira trading pairs. Investors can now send the token to Binance for the crypto asset, whose withdrawals will begin tomorrow. With the asset being opened to spot transactions and no transaction fees being charged, the transaction volume has increased.
According to the data on the Binance platform, BLUR has increased in value by 55% as the altcoin, especially the #TRY parity, started trading with USDT and BTC pairs and is the most rising crypto asset on the platform.
BLUR is also the cryptocurrency that rose the most among the top 100 cryptocurrencies, rising to $0.63 with a value increase of nearly 30% in the last 24 hours. BLUR also recorded a 90% increase in value on a weekly basis, following the rise in the middle of this week. The asset, which reached a market value of $692 million after the last increase in value, currently ranks 72nd.
BLUR, which is seen as an interesting example regarding the Binance listing, could previously only be used in futures transactions on the platform. In this respect, opening the asset first to futures trading and then to spot trading is seen as a first. Accordingly, Binance can be expected to open other assets traded only in futures to spot transactions in the near future.
