Key Points
- Binance announced the listing of Magic Eden (ME) with Seed Tag applied today at 15:00 (UTC).
- Withdrawals will open tomorrow at 15:00 (UTC).
Binance announced the listing of Magic Eden (ME) later today. Here are all the details about the upcoming listing of the crypto exchange.
Magic Eden (ME) Listing Details
Binance revealed that it will open trading for the following pairs at 15:00 (UTC):
- ME/BTC
- ME/USDT
- ME/FDUSD
- ME/TRY
Also, according to the official announcement of the exchange, users can start depositing ME ahead of trading, and withdrawals will open tomorrow, December 11, at 15:00 (UTC).
The ME listing fee will be 0 BNB.
Also, Binance mentioned that ME would be listed with a Seed Tag applied. This tag is applied by the exchange to newer projects that might exhibit higher volatility compared to other projects that are already launched.
Users are advised to DYOR before deciding to invest in the project.
The exchange announced that Trading Bots and Spot Copy Trading will be enabled for ME within 24 hours since it’s listed on Spot.
What is Magic Eden (ME)?
Magic Eden is a multi-chain NFT marketplace and the ME token is powering the on-chain economy of the platform.
Official notes reveal that ME will be Magic Eden’s official token and will represent the largest community of on-chain users who will earn ME for trading all assets on all chains.
Magic Eden announced the TGE claim in a post via X on December 9. The announcement reveals that the ME claim will start today, at 2 PM (GMT) and the team behind the project told users to only engage with official communications from Magic Eden and the X account of the token ME.
The total supply of the tokens is 1 billion ME.
The team behind the project also noted that the community members can identify ways to improve protocols, drive adoption, and increase awareness. All holders can stake ME for a period of 1 day to 4 years and in exchange for staking and using the Magic Eden platform via Quests, users can receive ME rewards.
