Main crypto exchanges, together with Binance, have introduced the itemizing of the airdrop token – Dymension (DYM) on February 6.
This growth introduces new buying and selling alternatives for Binance customers with the inclusion of DYM/BTC, DYM/USDT, DYM/FDUSD, and DYM/TRY spot buying and selling pairs. Beginning at 17:00 UTC Tuesday, customers can deposit DYM for upcoming buying and selling actions. Withdrawal choices can be out there beginning at 15:00 UTC Wednesday.
Main Crypto Exchanges Checklist New Airdrop Token
Dymension, a newcomer in crypto, gained consideration for its progressive strategy, utilizing the Inter-Blockchain Communication commonplace to safe and interconnect rollups. This modular blockchain raised $6.7 million in a non-public token spherical. It garnered assist from notable backers like Large Mind Holdings, Stratos Applied sciences, and MatchboxDAO, displaying institutional confidence in its potential.
Nevertheless, with nice potential comes heightened threat and volatility. Therefore, Binance has utilized the Seed Tag to DYM, demanding thorough analysis and threat administration from traders.
“The Seed Tag represents progressive undertaking which will exhibit greater volatility and dangers in comparison with different listed tokens. The Seed Tag can be utilized to DYM,” Binance stated.
Different distinguished exchanges like KuCoin, ByBit, MEXC, Bitget, and Gate.io can even listing DYM, additional broadening its market presence. Whereas the DYM IOU is presently buying and selling at $4, indicative of high-interest ranges, it’s essential to notice that this worth might not replicate the token’s worth upon official buying and selling graduation.
Learn extra: Earning Passive Income with Forks and Airdrops in 2024
The project’s strategic airdrop distributed 7% of its whole provide to numerous stakeholders throughout the crypto group. It includes stakers of Celestia (TIA), Cosmos (ATOM), Osmosis (OSMO), and customers of L2 and Solana networks, in addition to holders of choose NFT collections.
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