Binance to List Blur (BLUR) Cryptocurrency Token, Waives Listing Fee

One sentence summary – Binance, a leading cryptocurrency exchange, has announced plans to list the Blur (BLUR) cryptocurrency token, offering users the opportunity to trade and deposit BLUR, while also waiving the listing fee and introducing BLUR as a borrowable asset; however, concerns raised by the Hong Kong SFC about Binance’s license should be taken into account.

At a glance

  • Binance plans to list the Blur (BLUR) cryptocurrency token.
  • Trading for the Blur token will be enabled.
  • Various spot trading pairs for BLUR will be included in the listing, such as BLUR/BTC, BLUR/USDT, and BLUR/TRY.
  • Binance users can deposit BLUR in preparation for trading, with withdrawals available starting on November 25.
  • Binance has waived the listing fee for the Blur token, and BLUR will also be introduced as a new borrowable asset.

The details

Binance, a leading cryptocurrency exchange, has revealed plans to list the Blur (BLUR) cryptocurrency token.

The listing will enable trading for the Blur token.

Various spot trading pairs for BLUR will be included in the listing.

These pairs include BLUR/BTC, BLUR/USDT, and BLUR/TRY.

Binance users will be able to deposit BLUR in preparation for trading.

Withdrawals of BLUR will be available starting on November 25.

Binance has waived the listing fee for the Blur token.

The fee for listing BLUR on Binance is 0 BNB.

Binance will also introduce BLUR as a new borrowable asset.

A dedicated margin pair, BLUR/USD, will be available on an Isolated Margin platform.

A Seed Tag will be applied to the BLUR token.

The Seed Tag indicates higher volatilities and risks associated with BLUR compared to other listings on the exchange.

The price of Blur has seen significant increases over the past 24 hours, seven days, and month.

These increases coincide with Binance’s announcement to list the token.

The price surge also aligns with the partnership between Blur and Blast, a layer2 solution.

This partnership facilitated airdrops for season 3.

Blur has become one of the largest NFT lending protocols in the NFT markets.

This highlights Blur’s growing presence in the industry.

However, amid regulatory pressures, the Hong Kong SFC has expressed caution about Binance’s license.

This cautionary stance could have implications for Binance’s operations.

Binance’s decision to list the Blur (BLUR) cryptocurrency token offers users the opportunity to engage in trading activities.

The waived listing fee and the introduction of BLUR as a borrowable asset provide additional insights into the listing.

The recent surge in the price of BLUR, the partnership with Blast, and Blur’s prominence in NFT lending contribute to the overall significance of this announcement.

However, the Hong Kong SFC’s concerns regarding Binance’s license should be considered.

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A colorful coin with the letter “B” on it, floating above a hand that is holding a fee waiver sign.

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– Binance, a leading cryptocurrency exchange, plans to list the Blur (BLUR) cryptocurrency token and open trading for it.
The listing will include spot trading pairs for BLUR, such as BLUR/BTC, BLUR/USDT, and BLUR/TRY.
– Users can deposit BLUR in preparation for trading, and withdrawals will be available starting on November 25.
The listing fee for the Blur token on Binance is 0 BNB.
– Binance will also add BLUR as a new borrowable asset with a new margin pair, BLUR/USD, on an Isolated Margin.
A Seed Tag will be applied to the BLUR token, indicating higher volatilities and risks compared to other listings.
The price of Blur has seen significant increases in the past 24 hours, seven days, and month.
– Binance’s listing announcement aligns with the recent surge in the price of BLUR.
The partnership between Blur and Blast, a layer2 solution, facilitated airdrops for season 3.
Blur has become one of the largest NFT lending protocols in the NFT markets.
The Hong Kong SFC has expressed caution about Binance’s license amid regulatory pressures.

 

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