Binance, one of the world’s largest cryptocurrency exchanges, announced on November 6, 2024, that it will list two new altcoins: Cow Protocol (COW) and Cetus Protocol (CETUS). Users will be able to trade these new altcoins with COW/USDT and CETUS/USDT pairs. Trading for these altcoins will begin today at 15:00 Turkish time. Before the listing, users can deposit these altcoins into their exchange accounts, and withdrawals will commence on November 7, 2024.
Seed Label Warning
The COW and CETUS altcoins will be tagged with a “Seed” label by Binance. The Seed label represents innovative projects that carry greater volatility and risk compared to other altcoins.
Binance advises users considering investments in these altcoins to conduct thorough research and exercise caution in risk management. To trade altcoins with the Seed label, users must pass relevant tests every 90 days on the Binance Spot and Binance Margin platforms and agree to the Terms of Use. These tests are designed to raise awareness regarding the risks associated with the altcoins.
Information About Cow Protocol and Cetus Protocol
Cow Protocol (COW) is a completely permissionless trading protocol that offers users the opportunity to trade in a decentralized environment. The protocol operates on the Ethereum 
$2,622 network, allowing users to securely swap their assets.
Cetus Protocol (CETUS) is a liquidity protocol that operates on the Sui Blockchain and is based on MOVE. This protocol is particularly designed for providing liquidity and facilitating swap transactions.
Due to the high volatility of the COW and CETUS altcoins, users are advised to be cautious. Binance will display warning banners on trading pages to help users understand the risks. Support for trading bots and Spot Copy Trading will also be provided for these altcoins within 24 hours.
