The BIO Protocol (BIO) token has officially been launched on Binance today. This exchange has just announced the addition of BIO to several of its services including Binance Simple Earn, Buy Crypto, Convert, Margin, Auto-Invest, and Futures.
According to the listing page, starting from 10:00 UTC, users can buy and trade BIO against USDT, BNB, FDUSD, and TRY. Users can also purchase BIO with different payment methods like VISA, MasterCard, Google Pay, and Apple Pay.
From January 6, 2025, users will be able to purchase BIO via Binance Auto-Invest. The token would be tradable against BTC, USDT, and other tokens on Binance Convert with no fees for conversion.
Binance has also added BIO as a new borrowable asset on both Cross and Isolated Margin, while the BIO/USDT pair would be available for margin trading starting at 12:00 UTC on January 3. Additionally, Binance Futures has launched the USDⓈ-M BIO Perpetual Contract at 12:15 UTC, allowing users to trade BIO with up to 75x leverage.
The BIO Protocol is a decentralized network that is developed to empower bioDAOs in supporting key scientific areas, including longevity, brain health, and synthetic biology.
Each of the DAOs in the BIO network operates independently but with one common objective: to create a way to develop scientific research through decentralized financing and governance.
The protocol’s ecosystem brings together blockchain technology with decentralized research and development to facilitate transparency and community decision-making.
Before the official token launch, the BIO Protocol was introduced to Binance Launchpool, where users could farm BIO tokens by locking BNB and FDUSD. The farming period ran from December 24, 2024, to January 2, 2025, with a total of 99.6 million BIO tokens allocated for the farming process, representing 3% of the total token supply.
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