Binance to List This Altcoin: High-Risk Warning with Seed Tag

Binance has announced that it will list the meme token named 牛来 on the BNB Chain in the spot market with the Seed Tag.

Deposits will open one hour before spot trading, at 16:30 (UTC+3) on September 9. Withdrawals will begin at 17:30 (UTC+3) on September 10; Binance stated that this time is an estimate and the current status should be checked on the withdrawal page. The listing fee will be 0 BNB.

The new market will offer 牛来/USDT, 牛来/USDC, and 牛来/TRY trading pairs. The TRY pair will be available only to Binance TR users with verified accounts. Spot algorithmic orders will be activated at the start of trading, while trading bots and the spot copy trading feature will be enabled within 24 hours after the listing.

The display for 牛来 in Binance Alpha will be removed once spot trading begins, but users with Alpha accounts will be able to continue selling via the Alpha instant trade feature for one hour after the spot opening. Users can transfer from their Alpha accounts to Spot accounts 15 minutes before spot trading; Binance announced that it will transfer these assets to Spot accounts within 24 hours.

Binance warned that the 牛来 token may carry higher-than-normal risk and high price volatility due to its novelty. To trade this altcoin marked with the Seed Tag, users will need to pass the relevant quiz every 90 days and accept the terms of use. 牛来 is defined as a meme token on the BNB Chain. Trading eligibility may vary depending on the user’s country or region and will require account verification.