Binance Announces Listing: ACX and ORCA Prices Surge

By DT News
20 days ago
ACX SOL ORCA IMX SPOT

Binance, the world’s leading cryptocurrency exchange, has announced the listing of Across Protocol (ACX) and Orca (ORCA). Spot trading for the pairs ACX/USDT and ORCA/USDT will go live on 6 December 2024, at 4:00 PM UK time. As of today, users can deposit ACX and ORCA tokens into their Binance accounts.

Withdrawals Begin on 7 December

Withdrawals for both tokens are set to open on 7 December 2024, at 4:00 PM UK time. Binance has clarified that users can verify the exact start time for withdrawals on the withdrawal page. The platform has also highlighted that these tokens will carry a “Seed” tag to inform traders of potential risks and volatility.

Binance further revealed plans to support Trading Bots and Spot Copy Trading for these altcoins. These features will become active within 24 hours of the tokens being listed. Users looking to include these assets in their Spot Copy Trading portfolios can do so via the [Custom Pair Selection] option.

Binance Altcoin

About Across Protocol and Orca

Across Protocol (ACX) is an innovative interoperability protocol designed to enable seamless interactions across different blockchain networks. Its purpose is to provide developers with a robust infrastructure for more efficient cross-chain operations.

Orca (ORCA), on the other hand, is a decentralized exchange (DEX) operating on the Solana blockchain. Known for its user-friendly interface and swift transaction capabilities, Orca has become a prominent choice within the Solana ecosystem. It offers attractive rewards to liquidity providers and allows users to execute low-cost swaps efficiently.

Market Impact of the Listing

Binance’s decision to list ACX and ORCA is expected to broaden the reach of these projects, granting them greater exposure to a global audience. Following the announcement, both tokens experienced a price surge exceeding 20%, reflecting strong market enthusiasm.

As reported by Dey There, Binance’s listing of these promising projects underscores its commitment to expanding opportunities for innovative blockchain solutions.

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