Binance To List Blur (BLUR) Token As BLUR Price Surges 30%
According to a recent statement issued by Binance, one of the world’s leading cryptocurrency exchanges, the firm is now all set to list the Blur (BLUR) cryptocurrency token and plans to open trading for the same.
The statement by Binance, released today, November 23, notified its user base that certain spot trading pairs for the BLUR token will soon be available to its users.
The listing announcement soon caught the eyes of crypto traders and investors alike as the BLUR price recently witnessed a colossal surge over the past few days.
Binance Lists Blur: A Detailed Report
As per the statement issued by Binance, the firm plans to open trading for the BLUR token on November 24 at 09:00 UTC. Furthermore, the exchange notified its users that certain spot trading pairs for BLUR would be available for trading, encompassing BLUR/BTC, BLUR/USDT, and BLUR/TRY. Additionally, users can now start depositing BLUR in preparation for trading.
The withdrawal for BLUR is set to begin on November 25 at 06:00 UTC, and interestingly, the listing fee evaluated for the Blur token is 0 BNB. Besides, Binance also plans to add BLUR as a new borrowable asset with a new margin pair, BLUR/USD, on an Isolated Margin within 48 hours from the inception of BLUR trading on Binance.
Apart from this, a Seed Tag will also be applied to the BLUR token, indicating higher volatilities and risks as compared to other listings.
Also read: Whale Moves Over 50 Mln XRP As Price Continues To Rally
BLUR Price Report
At the time of writing, the Blur price witnessed a substantial upswing of 27.45% over the past twenty-four hours, reaching $0.6244 today. Furthermore, the token surged phenomenally over the past seven days, noting an 84.29% increase. Meanwhile, the token experienced a 194.36% upsurge over the past month.
Binance’s recent announcement for listing the BLUR token seems to come in alignment with the recent surge witnessed by the token, stirring up quite the speculation within cryptocurrency markets.
The aforementioned price surge also seems to fall in line with the recent partnership with Blast, a layer2 solution. The partnership between the two facilitated the allocation of airdrops for season 3.
Following the advancements, Blur recently emerged as one of the largest NFT lending protocols within the NFT markets.
Also read: Hong Kong SFC Wary of Binance’s License Amid Regulatory Pressures
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