Binance, the world's leading cryptocurrency exchange, is set to expand its offerings with the addition of Celestia (TIA). This upcoming listing includes three new spot trading pairs: TIA/BTC, TIA/USDT, and TIA/TRY, opening up new opportunities for traders.
Timeline for Deposits and Withdrawals
Prepare for trading by initiating TIA deposits starting around October 31, 2023, at 14:00 (UTC). Withdrawals for TIA are expected to be available from November 1, 2023, at 16:00 (UTC). Notably, there is no listing fee for TIA.
Furthermore, within 48 hours from October 31, 2023, at 16:00 (UTC), Binance will introduce TIA as a new borrowable asset within the Isolated Margin, enhancing the platform's margin trading capabilities.
Important Notes
A Seed Tag will be applied to TIA, indicating its novelty and the potential for above-average price volatility. Users are encouraged to trade with caution and manage their risk prudently.
Understanding Celestia (TIA)
Celestia (TIA) is a modular data availability network that dynamically scales alongside its user base. This innovative network simplifies the creation of individual blockchains, allowing for scalable and modular blockchain architectures. By decoupling execution from consensus and introducing data availability sampling, Celestia introduces a novel approach to blockchain design.
Guidance and Risk Advisory
Users are advised to thoroughly research and understand the fundamentals of TIA and the scope of the project to make well-informed trading decisions. Given that TIA is a new token, it may exhibit significant price fluctuations, necessitating careful risk management.
Seed Tag Protocol
Tokens labeled with the Seed Tag represent innovative projects that may inherently carry higher risks and volatility. Traders dealing with tokens bearing the Seed Tags will be required to complete corresponding quizzes every 90 days on Binance's Spot and/or Margin platforms and acknowledge the associated Terms of Use. This measure ensures traders are well-informed about the risks associated with these tokens.
Conclusion and Resources
Binance expresses its gratitude for the support it has received and provides links to Celestia's official website, whitepaper, and social media platforms for further information. This article serves as an informative guide, and users are encouraged to seek the most updated and detailed information on the Binance platform. Stay tuned for the exciting launch of Celestia (TIA) on October 31, 2023, at 16:00 (UTC). Happy trading!
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