Worldcoin (WLD), an innovative biometrics project, officially made its way to one of the world’s leading cryptocurrency exchange, Binance.
The excitement reached a new high when Binance announced the listing of Worldcoin (WLD) on its platform.
Spot trading for WLD pairs, including WLD/BTC and WLD/USDT, was tentatively set to commence on 24 July. Users can already start depositing WLD in preparation for trading, while withdrawals are expected to open from 25 July.
In a show of support and encouragement, Binance waived the listing fee for Worldcoin, underscoring its commitment to fostering innovation within the cryptocurrency space.
Binance is also introducing Worldcoin (WLD) as a new borrowable asset on Isolated Margin. Traders can expect the WLD/USDT margin pair to be available within 48 hours from the listing, providing an array of trading opportunities.
As anticipation builds, the Worldcoin team is gearing up for the momentous token launch. Reports suggest that the distribution mechanics of Worldcoin tokens will be unveiled on Monday, further fueling the excitement among investors and enthusiasts.
What is Worldcoin (WLD)?
Led by OpenAI CEO Sam Altman and supported by prominent investors like Andreessen Horowitz, Worldcoin has captured the attention of the tech and crypto industries alike.
The project’s primary aim is to harness iris-scanning biometrics to create a secure and efficient digital identity protocol that aligns with the era of artificial intelligence (AI).
Worldcoin’s vision of “building the world’s largest identity” has garnered immense interest, particularly with OpenAI’s rising influence in the tech landscape.
Tools for Humanity are at the forefront of developing the native utility token of the Worldcoin ecosystem, Worldcoin Token.
However, amidst the excitement, some concerns have been raised regarding information safety and user privacy, primarily concerning the use of iris scanners.
In response to these concerns, the Worldcoin team has reassured users that their commitment to data security remains unwavering.
