Binance Lists Blur Token Amid Price Surge, Gaining Momentum in the Crypto Space
Crypto News – In a recent announcement by Binance, one of the world’s foremost cryptocurrency exchanges, the platform has revealed its decision to list the Blur (BLUR) cryptocurrency token and initiate trading.
The official statement, released on November 23rd, informed Binance users about the upcoming availability of certain spot trading pairs for the BLUR token. This announcement promptly garnered the attention of cryptocurrency enthusiasts and investors due to the substantial recent price surge experienced by BLUR.
Binance Listing Details
According to Binance’s statement, trading for the BLUR token is scheduled to commence on November 24th at 09:00 UTC. Users will have access to several spot trading pairs, including BLUR/BTC, BLUR/USDT, and BLUR/TRY. Additionally, users can now begin depositing BLUR in preparation for trading.
The withdrawal option for BLUR will be enabled on November 25th at 06:00 UTC, and notably, Binance has set the listing fee for the Blur token at 0 BNB. Furthermore, Binance intends to introduce BLUR as a new borrowable asset with a fresh margin pair, BLUR/USD, within 48 hours following the launch of BLUR trading on the platform.
A Seed Tag will also be applied to the BLUR token, signifying higher levels of volatility and associated risks compared to other listings.
BLUR Price Analysis
At the time of writing, the BLUR token has witnessed a significant upswing of 27.45% in the past twenty-four hours, reaching a price of $0.6244 today. Over the last seven days, the token has shown impressive growth, recording an 84.29% increase. Additionally, BLUR has experienced a remarkable surge of 194.36% in value over the past month.
Binance’s decision to list the BLUR token appears to align with the recent surge in its price, generating considerable speculation within the cryptocurrency markets.
This surge in price may be attributed, in part, to BLUR’s recent partnership with Blast, a layer2 solution, which facilitated the distribution of airdrops for season 3.
As a result of these developments, Blur has emerged as one of the leading NFT lending protocols in the competitive NFT markets.
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