Binance has announced the listing of Axelar (AXL) and the opening of trading for several spot trading pairs starting from March 1, 2024, at 11:30 (UTC). These new spot trading pairs include AXL/BTC, AXL/USDT, AXL/FDUSD, and AXL/TRY. Users are encouraged to begin depositing AXL in preparation for trading, with withdrawals set to open on March 2, 2024, at 11:30 (UTC). There will be no listing fee for AXL on Binance.
It’s important to note that AXL is a relatively new token with a higher risk profile, potentially leading to increased price volatility. Traders are advised to exercise caution, conduct thorough research on AXL’s fundamentals, and fully understand the project before engaging in trading activities.
Furthermore, Axelar serves as an interoperability infrastructure linking various blockchains, assets, and applications. As part of its innovative nature, AXL will be labeled with the Seed Tag, indicating its potential for higher volatility and risks compared to other listed tokens. Users are reminded that the withdrawal open time is an estimate and should refer to the withdrawal page for the latest status updates.
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