Binance to List Usual (USUAL) Token for Spot Trading

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Binance has announced that it will list the Usual (USUAL) token for spot trading on December 18, 2024. This move introduces new trading pairs and includes specific trading arrangements for users.

Key Dates to Remember:

New Spot Trading Pairs:

Deposits for the USUAL token are already open for users. Withdrawals will become available on the specified date.

Understanding the Usual (USUAL) Project

Usual (USUAL) is a decentralized fiat stablecoin issuer. As a relatively new project, it is important to note that the token may be subject to high price volatility and associated market risks.

Token Supply Details:

To inform users of the inherent risks, Binance will apply a Seed Tag to this project. Tokens with this tag are typically innovative but are also known to experience higher volatility and pose a greater risk to investors.

Trading Safety and Risk Management

Binance strongly advises all users to adhere to the DYOR (Do Your Own Research) principle. Furthermore, users must complete the required risk awareness quizzes on the platform before they are permitted to trade any tokens marked with a Seed Tag.

Smart Contract and Network Information

Important Notices for Traders:

For those looking to deepen their understanding of such market events, it's crucial to 👉 access professional trading platforms that provide real-time data and advanced charting tools.

Frequently Asked Questions

What does the Seed Tag mean on Binance?
The Seed Tag is a label applied by Binance to newer and more innovative projects that are listed on their exchange. It serves as a warning to investors that these tokens may carry higher risks and experience significant price volatility compared to more established assets.

When can I start trading USUAL on Binance?
Spot trading for the USUAL/BTC, USUAL/USDT, USUAL/FDUSD, and USUAL/TRY pairs is scheduled to begin on December 18, 2024, at 11:00 UTC. Deposits are already open for users who wish to fund their accounts beforehand.

What is the total supply of the USUAL token?
The Usual project has a total and maximum supply cap of 4 billion USUAL tokens. At the time of its Binance listing, the initial circulating supply will be 494.6 million tokens, which represents 12.37% of the total supply.

Is it mandatory to complete the quiz for Seed Tag tokens?
Yes, Binance requires users to successfully complete a specific risk awareness quiz for each Seed Tag token. This is a mandatory step designed to ensure traders understand the potential risks before they can proceed with trading these assets.

How can I stay updated on new cryptocurrency listings?
The most reliable source for listing information is the official announcements page of the exchanges you use. Many platforms also offer notification services or news feeds to keep their users informed about new tokens, trading pairs, and market updates. To ensure you're making informed decisions, 👉 explore more strategies for tracking market movements.