Binance recently revealed plans to list the ERC-20 token EigenLayer (EIGEN), following Coinbase’s lead.
On Monday, crypto exchange Binance made an important announcement regarding the decentralized Ethereum restaking protocol, EigenLayer (EIGEN).
The exchange revealed plans to list the digital asset on its platform, with trading set to begin soon.
In addition, the positive outlook for the token’s future has been bolstered by Coinbase, another major crypto exchange, which has also thrown its support behind the ERC-20 token.
Binance Announces EigenLayer Listing with Seed Tag
According to an official statement from Binance dated September 30, EigenLayer (EIGEN) will be listed, and spot trading for specific pairs will start on October 1 at 05:00 UTC.
The new trading pairs available will include EIGEN/BTC, EIGEN/USDT, EIGEN/FDUSD, and EIGEN/TRY.
The announcement also noted that users can now deposit EIGEN in preparation for trading.
Additionally, Binance stated that EIGEN withdrawal would be available starting October 2 at 05:00 UTC.
The listing fee is set at 0BNB, indicating the exchange’s intention to facilitate a smooth listing process.
Furthermore, Binance applied a seed tag to the asset, signaling potential high risk and volatility.
The listing quickly attracted attention within the market. Interestingly, Coinbase had earlier revealed its intention to list EigenLayer, further boosting optimism around the asset.
Together, the listings by these leading exchanges have sparked significant interest from investors in the ERC-20 token, with many speculating that these developments could drive positive momentum for its price.
