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Binance Will List Wormhole (W) with Seed Tag Applied

Binance Will List Wormhole (W) with Seed Tag Applied

2024-04-02 10:39

Note: Please do your own research before making any trades for the aforementioned token outside Binance to avoid any scams and ensure safety of your funds.

Fellow Binancians,

Binance will list Wormhole (W) and open trading for these spot trading pairs at 2024-04-03 12:00 (UTC).

  • New Spot Trading Pairs: W/BTC, W/USDT, W/FDUSD and W/TRY.

  • Users can now start depositing W in preparation for trading.

  • Withdrawals will open at 2024-04-04 12:00 (UTC).

  • W Listing Fee: 0 BNB.

  • Smart Contract: Solana 

Notes:

  • The Seed Tag will be applied to W.

  • TRY is a fiat currency and does not represent any other digital currencies.

  • The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.

  • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

What Is Wormhole (W)

Wormhole is a generic message passing protocol that enables communications between blockchains.

Reminder:

  • W 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 W’s fundamentals, and fully understand the project before opting to trade the token.

  • The Seed Tag represents innovative project that may exhibit higher volatility and risks compared to other listed tokens. The Seed Tag will be applied to W.

  • To gain trading access to the tokens marked with Seed Tag, users will need to pass the corresponding quizzes every 90 days on the Binance Spot and/or Binance Margin platforms, and accept the Terms of Use. The quizzes are set up to ensure users are aware of the risks before trading the tokens with the Seed Tags. Users may find the Seed Tags on the corresponding Binance Spot and Binance Margin trading pages, as well as on the Markets Overview page. A risk warning banner will also be displayed for all tokens with the Seed Tags. 

Details:

Trading of the aforementioned new trading pair(s) is subject to eligibility based on the user's country or region of residence. Please note that the list of restricted countries provided below may be changed from time to time, due to mandatory changes in applicable laws and regulations, or other changes relevant to the trading eligibility of these new trading pair(s). Users need to complete account verification to participate in the trading of these new trading pair(s).

Please note that this list may be updated periodically to accommodate changes in legal, regulatory, or other factors.

Currently, users residing in the following countries or regions will not be able to trade the above-mentioned spot trading pair(s): Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.

Thank you for your support!

Binance Team

2024-04-02

Note: This announcement was last updated on 2024-04-03 to make corrections.

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. 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 you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.