Fellow Binancians,
Binance will list FLOKI (FLOKI) and Pepe (PEPE) in the Innovation Zone and will open trading for these spot trading pairs at 2023-05-05 16:00 (UTC):
New Spot Trading Pairs: FLOKI/USDT, FLOKI/TUSD, PEPE/USDT, PEPE/TUSD
Users can now start depositing FLOKI and PEPE in preparation for trading
Withdrawals for FLOKI and PEPE will open at 2023-05-06 16:00 (UTC)
Listing Fee for FLOKI and PEPE: 0 BNB
Users will enjoy zero maker fees on the FLOKI/TUSD and PEPE/TUSD spot trading pairs until further notice.
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 FLOKI and PEPE as a new borrowable asset with these new margin pairs on Isolated Margin, within 48 hours from 2023-05-05 16:00 (UTC):
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits and rates.
What is FLOKI (FLOKI)?
FLOKI started as a memecoin project and has since developed multiple products such as a NFT-based game, NFT collections and a crypto debit card. FLOKI is the utility token for the product ecosystem.
Details:
What is Pepe (PEPE)?
Pepe is a meme coin based on a cartoon character “Pepe the Frog”. Please note that the token has no utility and it is created by an anonymous team.
Details:
Reminder:
Memecoins are extremely high risk, please ensure that you exercise sufficient risk management.
Please note that, as of the time of writing, PEPE has no token utility or value support mechanism. Also, there are signs that certain insiders or team members were able to buy 7% of the total token supply minutes after TGE.
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.
FLOKI and PEPE are relatively new tokens that pose 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 FLOKI and PEPE’s fundamentals, and fully understand the projects before opting to trade the tokens.
Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2023-05-05
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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Note: This announcement was last updated on 2023-05-05 to add that users will enjoy zero maker fees on the FLOKI/TUSD and PEPE/TUSD spot trading pairs until further notice.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: 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.
