Fellow Binancians,
Binance will list Osmosis (OSMO) in the Innovation Zone and will open trading for these spot trading pairs at 2022-10-28 10:00 (UTC):
- New Spot Trading Pairs: OSMO/BTC, OSMO/BUSD and OSMO/USDT
- Users can now start depositing OSMO in preparation for trading
- Withdrawals for OSMO will open at 2022-10-29 10:00 (UTC)
- OSMO Listing Fee: 0 BNB
Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.
In addition, Binance will add OSMO as a new borrowable asset on Cross Margin and Isolated Margin, as well as these new margin pairs, within 48 hours from 2022-10-28 10:00 (UTC):
- New Cross Margin Pairs: OSMO/BUSD, OSMO/USDT
- New Isolated Margin Pairs: OSMO/BUSD, OSMO/USDT
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits and rates.
What is Osmosis (OSMO)?
Osmosis is an interchain layer-1 automated market maker (AMM) decentralised exchange (DEX) on the Cosmos blockchain. OSMO is the native governance and utility token.
Reminder:
The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.
Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.
OSMO is a relatively new token that poses a higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, have done your own research in regards to OSMO’s fundamentals, and fully understand the project before opting to trade the token.
Details:
Thanks for your support!
Binance Team
2022-10-28
Find us on
Telegram: https://t.me/binanceexchange
Twitter: https://twitter.com/binance
Facebook: https://www.facebook.com/binance
Instagram: https://www.instagram.com/binance
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses that might arise from your use of Margin. Margin trading carries substantial risk and amplifies both losses and profits. Past performance is not a reliable predictor of future performance. All of your margin balance may be liquidated in the event of adverse price movement. This information should not be regarded as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.