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Altcoin News

Binance and BitMart to List EigenLayer token ($EIGEN)

The listing of EigenLayer on these major exchanges is expected to increase its visibility and accessibility to a wider audience.

Written By Dhara Chavda
Published September 30, 2024 3:43 PM·Updated 2 years ago
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Binance and BitMart to List EigenLayer token ($EIGEN)

EigenLayer (EIGEN), a new token built on the Ethereum blockchain that introduces restaking, is set to be listed on both Cryptocurrency exchanges Binance and BitMart.

Binance will list $EIGEN and open trading for the spot trading pairs EIGEN/BTC, EIGEN/USDT, EIGEN/FDUSD, and EIGEN/TRY from 1st October, while BitMart will also start EIGEN/USDT trading from 1st October.

EIGEN is a new token built on the Ethereum blockchain that introduces restaking, a mechanism that allows users to reuse their ETH on the consensus layer. The listing of EIGEN on exchanges is expected to increase its visibility and accessibility to a wider audience.

#Binance will list @eigenlayer $EIGEN with Seed Tag Applied.

Read more 👉 https://t.co/suEc3m82CT pic.twitter.com/CXBPN7dv8l

— Binance (@binance) September 30, 2024

Trading for $EIGEN on Binance will begin on October 1, 2024, at 5:00 AM UTC. Users can start depositing EIGEN now, and withdrawals will be enabled on October 2, 2024, at 5:00 AM UTC. There is no listing fee for EIGEN. Withdrawals on BitMart will start on October 1, 2024, at 5:00 AM UTC.

Trading Bots and Spot Copy Trading will be enabled for EIGEN within 24 hours of its listing. EIGEN will be tagged as a “seed token,” indicating a higher risk profile. The listing of EigenLayer on Binance marks a significant milestone for the project and could potentially drive further adoption of the restaking primitive.

EIGEN is a relatively new token with high price volatility. Users should exercise caution and conduct thorough research before trading.

Also Read: Bitcoin, Ethereum, Dogecoin Price Dip Before Powell’s Speech

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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