Binance Announces 47th Launchpool Project PORTAL, BNB Price Jumps

Binance has announced its 47th Launchpool Project, Portal (PORTAL), as part of its ongoing efforts to expand offerings on the Binance Launchpool. Portal (PORTAL) is poised to revolutionize the gaming industry with its innovative approach to facilitating cross-chain interactions. With Portal (PORTAL), users can expect a seamless experience that transcends traditional gaming boundaries. This move has led a BNB price jump.

The Launchpool is scheduled to commence promptly at 2024-02-22 00:00 (UTC), offering users an opportunity to get involved from the outset. As anticipation builds, the official webpage for Portal (PORTAL) is expected to go live within the next five hours, providing users with essential information and resources to participate in the launch.

Portal (PORTAL) Listing and Trading Details on Binance

In the wake of its Launchpool debut, Portal (PORTAL) is set to make its official listing on Binance on 2024-02-29 at 10:00 (UTC). This listing marks a significant milestone for the project, signaling its readiness for wider adoption within the cryptocurrency community.

Traders and enthusiasts alike will have access to PORTAL through a variety of trading pairs, including PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD, and PORTAL/TRY. This diverse range of pairings ensures flexibility and accessibility for users, catering to different trading preferences and strategies.

Furthermore, Binance will apply the Seed Tag to PORTAL upon listing. With the Seed Tag in place, PORTAL is poised to attract attention and gain traction among traders and investors seeking promising opportunities in the burgeoning crypto market.

Also Read: Binance Team Rebuffs Any KYC Data Leaks On Dark Web

Portal (PORTAL) Token Details and Launchpool Terms

Ahead of the Portal (PORTAL) Launchpool, understanding the token details and associated terms is paramount for prospective participants. Portal (PORTAL) presents itself as a significant addition to the crypto landscape, boasting a Max Token Supply of 1,000,000,000 PORTAL.

This substantial supply underscores the project’s potential for scalability and widespread adoption within the gaming ecosystem. In terms of rewards, the Launchpool offers an enticing incentive with 50,000,000 PORTAL tokens allocated, amounting to 5% of the maximum token supply. This allocation signifies Binance’s commitment to fostering growth and incentivizing early participation in the Portal (PORTAL) ecosystem.

Moreover, the Initial Circulating Supply of 167,134,615 PORTAL tokens, equivalent to 16.71% of the max token supply, provides liquidity and lays the foundation for vibrant trading activity. Crucially, Portal (PORTAL) operates on the Ethereum blockchain, leveraging its robust infrastructure and established ecosystem.

In preparation for the Launchpool, participants must adhere to specific staking terms, including the mandatory requirement for Know Your Customer (KYC) verification. This verification process serves to uphold regulatory standards and safeguard the integrity of the Portal (PORTAL) ecosystem, fostering trust and confidence among users.

Also Read: Binance Launches Mavia 50x Perpetuals and Starknet (STRK) Futures

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