Binance, the leading global cryptocurrency exchange, is set to welcome Celestia (TIA) into its ecosystem with the upcoming listing. The trading for TIA spot pairs will be inaugurated on 2023-10-31 at 16:00 (UTC), allowing users to engage in TIA trading activities.
Introduction
In its pursuit of expanding its diverse portfolio, Binance announces the inclusion of Celestia (TIA) into its list of trading assets. The listing introduces three new spot trading pairs: TIA/BTC, TIA/USDT, and TIA/TRY.
Timeline for Deposits and Withdrawals
Users can prepare for trading by commencing deposits of TIA approximately around 2023-10-31 14:00 (UTC). Withdrawals for TIA are tentatively set to open on 2023-11-01 at 16:00 (UTC). The listing fee for TIA is set at 0 BNB.
Additionally, within 48 hours from 2023-10-31 16:00 (UTC), Binance will introduce TIA as a new borrowable asset within the Isolated Margin, enhancing the platform's margin trading capabilities.
Important Notes
The Seed Tag will be applied to TIA, signifying the token's novelty and the possibility of higher-than-average price volatility. Users are advised to exercise caution and manage their risk appropriately.
Understanding Celestia (TIA)
Celestia (TIA) stands as a modular data availability network designed to dynamically scale in tandem with the user base. This innovative network aims to streamline the launching process of individual blockchains, enabling the creation of scalable and modular blockchain architectures. The design incorporates the concept of decoupling execution from consensus, introducing a new facet, data availability sampling.
Guidance and Risk Advisory
Users are urged to comprehensively understand and research TIA’s fundamentals and the project's scope to make informed decisions regarding trading. TIA, being a novel token, might exhibit substantial price fluctuations, necessitating adequate risk management.
Seed Tag Protocol
Tokens labeled with the Seed Tag signify innovative projects that may inherently carry higher risks and volatility. Users engaging in trading these tagged tokens will be required to complete corresponding quizzes every 90 days on Binance's Spot and/or Margin platforms and acknowledge the Terms of Use. This measure ensures traders are well informed about the risks associated with tokens bearing the Seed Tags.
Conclusion and Resources
Binance expresses gratitude for the support received and provides links to Celestia's official website, whitepaper, and social media platforms for further information. This article serves as an informative guide, and users are encouraged to seek the most updated and detailed information on the Binance platform.
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