The following information was taken from www.binance.com
Fellow Binancians,
Binance will list Liquity-LQTY in the Innovation Zone and will open trading for these spot trading pairs at 2023-02-28 11:00 (UTC):
- New Spot Trading Pairs: LQTY/BTC, LQTY/USDT
- Users can now start depositing LQTY in preparation for trading
- Withdrawals for LQTY will open at 2023-03-01 11:00 (UTC)
- LQTY Listing Fee: 0 BNB
Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.
Binance Will List Liquity-LQTY in the Innovation Zone
In addition, Binance will add LQTY as a new borrowable asset with this new margin pair on an Isolated Margin, within 48 hours from 2023-02-28 11:00 (UTC):
- New Isolated Margin Pair: LQTY/USDT
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits and rates.
What is Liquity (LQTY)?
Liquity is a decentralized borrowing platform that accepts ETH as collateral and lends LUSD, a stablecoin. LQTY is the utility token for functions such as staking and liquidity mining.
Reminder
It is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.
Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.
LQTY is a relatively new token that poses a higher-than-normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, have done your own research in regard to LQTY’s fundamentals, and fully understand the project before opting to trade the token.
Details
- Liquity Website
- LQTY Token Contract Address – Ethereum
- Fees
- Rules
Thanks for your support!
Binance Team
