Binance Expands Altcoin Offerings with New High-Risk Tokens

Today, Binance, the leading global crypto exchange, introduced new altcoin options to its trading platform.

The latest additions include “The AI Prophecy” (ACT) and “Peanut the Squirrel” (PNUT), expanding Binance’s offerings for users interested in emerging tokens.

The platform announced that trading for ACT and PNUT will open on November 11, 2024, at 10:00 AM (UTC) in the spot pairs ACT/USDT and PNUT/USDT.

Users can already begin depositing these tokens to prepare for the official trading launch. Withdrawals will be available a day later, starting November 12, 2024, at 10:00 AM (UTC).

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In its announcement, Binance flagged these tokens with a “seed” label, indicating that they are innovative projects but come with higher volatility and risk.

The exchange emphasized the importance of careful risk management and due diligence for investors, noting that ACT and PNUT, as newer tokens, may experience significant price swings.

Kosta Gushterov

Kоста работи в крипто индустрията от над 4 години. Той се стреми да представя различни гледни точки по дадена тема и харесва сектора заради неговата прозрачност и динамика. В работата си той се фокусира върху балансираното отразяване на събитията и развитието в крипто пространството, като предоставя информация на своите читатели от неутрална гледна точка.