Polygon (POL) Primed To Pump Ahead? Binance Announcement Sparks Optimism


Polygon’s native token POL (ex-MATIC) nabbed important investor consideration on Friday as crypto trade behemoth Binance issued a significant announcement. Notably, the trade revealed plans so as to add the token to Earn, Purchase Crypto, Convert, Margin, and Futures merchandise, reverberating optimism surrounding the coin’s future value actions. Concurrently, POL value jumped practically 15% after the crypto trade introduced numerous listings for the token.

Binance Provides Polygon To Its Stockpile Of Choices

In an official announcement by Binance dated September 13, the CEX revealed that it’s extending assist for a plethora of Polygon (POL) listings. As per the announcement, POL easy earn versatile and locked merchandise can be obtainable to customers beginning September 13 at 10 UTC. Additional, customers could buy the asset utilizing any cost choices supported on auto-invest beginning September 16 at 10 UTC.

Additionally, “customers can purchase the crypto with VISA, MasterCard, Google Pay, and Apple Pay,” the CEX added. As well as, the announcement revealed that Polygon can be added as a brand new borrowable asset on Cross and Remoted margins. POL/USDT, POL/USDC, and POL/FDUSD pairs on Cross and Remoted Margin can be obtainable as of at the moment at at 12 UTC.

Concurrently, the top crypto exchange may even launch a USD-Margined perpetual contract for Polygon at the moment at 12:15 UTC. Customers can take pleasure in as much as 75x leverage buying and selling the asset. The utmost funding price of the POLUSDT Perpetual Contract on the time of launch is +2.00% / -2.00%, per the announcement.

In the meantime, in one other announcement, the crypto trade revealed that it has concluded Polygon (MATIC) token improve POL. Spot buying and selling has commenced for POL/BNB, POL/BRL, POL/BTC, POL/ETH, POL/EUR, POL/FDUSD, POL/JPY, POL/TRY, POL/USDC, and POL/USDT beginning at the moment at 10 UTC.

Altogether, the crypto trade’s plans to reinforce POL choices garnered appreciable investor optimism surrounding the token.

POL Token Soars 15%

On the time of reporting, POL value soared practically 15% to commerce at $0.4341. The coin’s intraday high and low had been registered to be $0.372 and $0.4219, respectively.

Polygon’s 24-hour buying and selling quantity famous a whopping 622% uptick during the last day. Additional, the coin’s market cap surged 15% to $3.08 billion, underscoring elevated curiosity within the asset amongst merchants.

Intriguingly, this value upswing primarily falls consistent with Binance’s listings talked about above. As seen beforehand, AERGO price soared remarkably with its futures itemizing on the CEX on September 10. Subsequently, AERGO value gained practically 9% to this point, in flip sparking optimism over POL’s value actions forward.

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