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:
- Pre-Market Trading End: December 17, 2024, at 09:00 (UTC)
- Spot Trading Launch: December 18, 2024, at 11:00 (UTC)
- Withdrawals Open: December 19, 2024, at 11:00 (UTC)
New Spot Trading Pairs:
- USUAL/BTC
- USUAL/USDT
- USUAL/FDUSD
- USUAL/TRY
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:
- Total and Maximum Supply: 4,000,000,000 USUAL
- Binance Pre-Market Supply: 300,000,000 USUAL
- Initial Circulating Supply at Listing: 494,600,000 USUAL (12.37% of the total supply)
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
- Network: Ethereum
- Smart Contract Address:
0xC4441c2BE5d8fA8126822B9929CA0b81Ea0DE38E
Important Notices for Traders:
- The TRY trading pair represents the Turkish Lira, a fiat currency, and is not a digital asset.
- All open orders will be automatically removed after the Pre-Market trading period concludes.
- The Binance Spot Copy Trading feature for the newly listed tokens is expected to be enabled within 24 hours of the listing.
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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.