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Binance exchange announced just a few minutes ago that a new altcoin will be listed. As the most powerful exchange in terms of volume, Binance’s listings often lead to serious price increases for altcoins. This move comes with a warning, so there are certain details that investors need to pay attention to.
Binance Altcoin Listing Breaking News
The exchange announced a few minutes ago that Bittensor (TAO) Coin will be listed. However, it’s important to note that Binance will tag Bittensor (TAO) as a risky asset. The company adds this label to assets that may exhibit greater volatility compared to other altcoins.
For the new altcoin, TAO/BTC, TAO/USDT, TAO/FDUSD, and TAO/TRY trading pairs will be activated. As of today, TAO investors can transfer their assets from their wallets to the Binance exchange. The listing process will take place on April 12th at 12:00 PM (UTC). Withdrawal operations will also become active at the same minute.
Following the announcement, the TAO Coin price experienced a double-digit increase.
