š„š„š„Binance Announces to List Axelar (AXL)! Altcoin Price Officially Increased!
Binance has announced that it will list #Axelar (AXL).
#AXL will be listed on Binance today at 11.30 am in the trading pairs AXL/BTC, AXL/USDT, AXL/FDUSD and AXL/TRY spot.
After Binance's listing announcement, the altcoin's price rose by over 16 percent to $ 1.80.
As an important development for the cryptocurrency market, Binance, one of the largest cryptocurrency exchanges, announced that it will list Axelar (AXL). Following the listing announcement, axl's price officially skyrocketed.
Details of the Axelar (AXL) List
Binance, the giant cryptocurrency exchange, announced that Axelar will list its Axl in AXL/BTC, AXL/USDT, AXL/FDUSD and AXL/TRY spot trading pairs. The listing for AXL will take place today at 11.30 UTC. Thus, Binance users will have the opportunity to trade AXL in exchange for Bitcoin (BTC), Tether (USDT), FDUSD and Turkish Lira (TRY) on the exchange.
Binance stated that the listing fee for AXL has been set at 0pc BNB. This demonstrates the support of the cryptocurrency exchange for the growth of the project and its adoption within the cryptocurrency community.
Binance has launched AXL deposit transactions for users to prepare for trading before they start trading. As of now, users can deposit axl on the stock exchange. Withdrawals for AXL will be opened at 11.30 UTC on March 2, 2024.
Axl's Price Skyrocketed with Listing Announcement
Following Binance's listing announcement, axl's price has officially skyrocketed. According to Coinmarketcap's data, the altcoin's price is trading at $ 1.79, with an increase of more than 16 percent recorded in the last 24 hours. The fact that Axl's price was trading around 1.54 before the listing announcement indicates that the vast majority of the increase is due to the listing.
Axelar offers an interoperability infrastructure designed to connect various Blockchains, assets and applications. AXL, on the other hand, serves many purposes as a local asset of this infrastructure.
