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Altcoin News

Binance Lists $DOGS token with Launchpool Ahead of Airdrop

Written By Jalpa Bhavsar
Fact Checked by Jahnu Jagtap
Published August 21, 2024 12:13 AM·Updated 2 years ago
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Binance Lists $DOGS token with Launchpool

The $DOGS token has reached a significant milestone with its official listing on Binance Launchpool offering increased exposure and potential trading volume via one of the world’s largest cryptocurrency exchanges.

As per the announcement on the telegram channel, the Launchpool listing allows users to earn and stake $DOGS, leveraging Binance’s extensive platform to enhance the token’s visibility in the cryptocurrency market.

Binance Adds $DOGS token on Launchpool with Big Incentives
Source: Twitter

Binance users can farm DOGS tokens by staking their BNB and FDUSD starting from August 23. With the farming period running for just three days, this is a short yet rewarding opportunity to earn a share of the 22 billion DOGS tokens. This represents 4% of the total token supply of 550 billion DOGS.

Here’s what to expect:

  • Farming Starts: August 23, 2024, at 00:00 (UTC)
  • Farming Ends: August 25, 2024, at 23:59 (UTC)
  • Stake BNB or FDUSD for DOGS rewards!

The biggest highlight? DOGS will be officially listed on Binance with trading pairs including DOGS/USDT, DOGS/BNB, DOGS/FDUSD, and DOGS/TRY starting August 26th, 2024, at 12:00 (UTC). The token is launching with a whopping 93.95% of its total supply in circulation – nearly 516.75 billion DOGS.

Apart from the listing, DOGS has also launched a user incentive gifting over 20,000 $DOGS for a deposit to Binance.

Users must first finish the Know Your Customer (KYC) verification procedure to take part. The option to deposit $DOGS to Binance is already available in the app, and users can withdraw their tokens once they have passed the necessary verification steps.

For those who do not yet have a Binance account, registration is required to take advantage of the $DOGS deposit and staking opportunities.

Apart from this, another major announcement has taken place in the DOGS community. They have again decided to postpone TGE and Listing of the token on 26th August 12 pm UTC. Claims to exchanges and telegram wallets will be open until 4 pm UTC on 23rd August, while claims to non-custodial wallets will be available from 8 am UTC on 26th August.

The promotion and listing on Binance Launchpool mark a significant advancement for the $DOGS token, potentially driving greater engagement and adoption within the cryptocurrency community.

Also Read: DOGS Eyes $550M Market Cap, Surpasses $4M in Pre-Market Volume

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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