Litecoin

Eden

Magic Eden

Luckycoin

Global crypto exchange giant Binance is set to list Magic Eden (ME), a multi-chain NFT marketplace, under its “seed tag” category. Additionally, the platform has unveiled unified mining support for four altcoins. Here’s what you need to know. 
<a href="https://www.qubetics.com/?utm_source=TBJ&amp;utm_medium=postBANNER" target="_blank" rel="noopener nofollow"><img loading="lazy" decoding="async" class="size-full wp-image-67567 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3.jpg" alt="Binance Lists a New Altcoin and Expands Mining Services = The Bit Journal" width="728" height="90" title="Binance Lists a New Altcoin and Expands Mining Services 52" srcset="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3.jpg 728w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3-300x37.jpg 300w" sizes="(max-width: 728px) 100vw, 728px"></a> 
<h2 id="magic-eden-me-debuts-on-binance">Magic Eden (ME) Debuts on Binance</h2> 
Trading for ME will begin on December 10, 2024, at 15:00 UTC, with spot pairs ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY. Users can start depositing ME tokens ahead of the trading launch, while withdrawals will be enabled on December 11, 2024, at 15:00 UTC. 
Binance has categorized ME under its seed tag, indicating that the token is new and may exhibit high volatility. As stated by Binance, the seed tag is applied to innovative projects that carry higher risks compared to other listed tokens. 
<blockquote>
 “ME is a relatively new token with higher risks and potential price fluctuations. Users should conduct thorough research (DYOR) and implement effective risk management before trading this token,” Binance stated.
</blockquote> 
To support trading, Binance will activate Trading Bots and Spot Copy Trading features for ME within 24 hours of its listing. ME is positioned as a governance token for Magic Eden, allowing holders to propose and vote on platform updates and changes. 
<h2 id="unified-mining-support-for-luckycoin">Unified Mining Support for Luckycoin</h2> 
In a separate announcement, Binance Pool introduced unified mining support for Luckycoin (LKY). This new feature enables users to mine Litecoin (LTC) while earning rewards in LTC, Dogecoin (DOGE), Bellscoin (BEL), and Luckycoin (LKY). 
To promote adoption, Binance Pool is waiving pool fees for LKY mining during the promotional period, starting December 10, 2024. However, Binance clarified that LKY and BEL are not currently listed on Binance.com, meaning they cannot be traded on the exchange. 
Binance also emphasized that offering mining services for LKY and BEL does not guarantee their future listing on the platform. 
<h2 id="a-strategic-move-in-the-crypto-space">A Strategic Move in the Crypto Space</h2> 
Binance’s decision to list ME and expand mining services reflects its strategy to diversify its offerings and strengthen its position in the crypto ecosystem. As one of the largest exchanges by daily trading volume, <a href="https://thebitjournal.com/binance-announces-listing-and-airdrop-for-move-token/" target="_blank" rel="noopener">Binance</a> continues to attract attention with innovative token listings and mining solutions. 
For investors and traders, the inclusion of ME and new mining opportunities offers exciting avenues for exploration while emphasizing the need for due diligence. 
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Binance Lists a New Altcoin and Expands Mining Services

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