The world’s largest cryptocurrency exchange Binance announced the listing of Cow Protocol (COW) and Cetus Protocol (CETUS) tokens on the spot market.
The ability to trade COW and CETUS on Binance depends on the country or region where the user resides.
New Binance Listings: COW and CETUS
COW and CETUS tokens will be available for trading paired with USDT on the Binance spot market starting November 6th. The listing will take place at 12:00 UTC (15:00 Moscow/Kyiv), it says press release crypto platforms.
However, holders of the mentioned coins can already deposit assets into their accounts. Withdrawals will open on Thursday.
Binance will not charge any trading fees for COW and CETUS. However, the trading platform will assign them a special “monitoring tag.” It is necessary for assets that exhibit higher volatility than other cryptocurrencies.
COW is the native token of the eponymous Cow protocol, a decentralized finance solution (DeFi) based on Ethereum. The project combines batch auctions, P2P trading and other features aimed at finding the best exchange rates for users.
Meanwhile, CETUS is a key element of the Cetus liquidity protocol ecosystem. The platform allows you to exchange, earn and create tokens on the first level (L1) Sui blockchain.
According to GeckoTerminal, after the news of the listing on Binance, the quotes of COW and CETUS increased significantly. Thus, the price of the first token increased by 64% to $0.4073, and the second by 69% to $0.3036.
Stay informed! Subscribe to World Stock Market in Telegram.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
