Binance, the largest digital asset exchange in the world, is about to list a hot gaming-focused crypto project.
In a new announcement, Binance says that the platform will support Ethereum (ETH)-based Ronin (RON) for trading beginning Tuesday following the token soaring by more than 100% in a month.
Once launched for open trading, Binance says it will attach a seed tag to RON. Coins with a seed tag require users to pass quizzes every 90 days to ensure they’re aware of the risks before trading the tokens.
“Binance will list Ronin and open trading for these spot trading pairs at 2024-02-05 13:30 (UTC). New spot trading pairs: RONIN/BTC, RONIN/USDT, RONIN/FDUSD and RONIN/TRY.
Users can now start depositing RON in preparation for trading. Withdrawals will open at 2024-02-06 13:30 (UTC).”
RON was trading for $1.68 on January 8th and soared to as high as $3.50 on Monday, an increase of 108%. At time of writing, RON has retraced and is trading for $2.87.
Sky Mavis, the firm behind the
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