binanceinitia

#Binanceinitia
Binance Will Add Initia (INIT) on Earn, Buy Crypto, Convert, Margin & Futures
2025-04-26
This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce that Initia (INIT) will be added to Binance Simple Earn, "Buy Crypto", Binance Convert, Binance Margin, and Binance Futures at the respective dates and timings listed below.
Earn
INIT Flexible Products will be listed on Binance Simple Earn at 2025-04-24 11:00 (UTC) and will be available for subscription.
Buy & Sell Crypto
Users can buy INIT with VISA, MasterCard, Google Pay, Apple Pay, Revolut or buy and sell INIT with their account balances on the “Buy Crypto” page, available within one hour of INIT being listed on Binance Spot.
Convert
Users will be able to start trading INIT against BTC, USDT, and any other tokens on Binance Convert at zero fees within one hour of INIT being listed on Binance Spot.
Margin
Binance Margin will add INIT as a new borrowable asset on Cross and Isolated Margin, as well as the INIT/USDT and INIT/USDC pairs on Cross and Isolated Margin at 2025-04-24 11:20 (UTC).
Notes:
Please note that newly listed tokens tend to be volatile; users are encouraged to adopt stringent risk management strategies when trading such tokens.
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits, collateral ratio and rates.
*Futures*
Binance Futures will convert the USDⓈ-M INIT Perpetual Contract pre-market trading to standard USDⓈ-M INIT Perpetual Contract at 2025-04-24 11:00 (UTC). The transition period may take up to 1 hour. INITUSDT perpetual trading and existing positions will not be affected during the transition period.#Binance #Trending

#binanceinitia
#binance new launching
binance is giving token to all binance subscriber this new launch token initia

Initial Coin Offering (ICO)

Beginner

Initial Coin Offering (ICO) is an innovative approach for raising funds through the use of digital currencies (cryptocurrencies). Such a strategy is more prevalent in cryptocurrency projects that are yet to fully developed their blockchain-based product, service, or platform. The funds collected on ICO events are normally received as Bitcoin (BTC) or Ether (ETH), but in some cases, fiat currency may also be taken as payment.

Usually, investors engage in Initial Coin Offerings with the hope and expectation that the digital token (or coin) and its corresponding company will be successful - possibly resulting in a good return on investment (ROI) for those that are regarded as early supporters.

Despite being often compared to IPOs (Initial Public Offering), ICOs are quite different in the sense that investors are not buying any kind of ownership of shared in a company. Initial Coin Offering events are mainly performed as a fundraising strategy for startups that are in very early stages of development and need funds to push the project forward. 

Unfortunately, however, many ICOs are performed by non-reputable entities that raise large amounts of money and disappear, with no follow up on development. For this reason, it is extremely important that investors do their due diligence (also known as DYOR) before investing in cryptocurrency companies.

There are many different ways of issuing a cryptocurrency token or coin before offering them on ICO crowd sales. While some companies prefer to build their blockchain from scratch, issuing their own native coin, the majority of ICO events that were held so far took place on the Ethereum network, following the so-called ERC-20 token standard. 

For instance, a startup may deploy smart contracts on the Ethereum network to create its own cryptocurrency as an ERC-20 token. In such a scenario, the ERC-20 protocol outlines what are the rules to be followed when issuing a digital token on the Ethereum platform, and the smart contracts ensure that these rules are followed in a reliable and autonomous way.

Although Ethereum is the most popular choice, there are some other blockchain platforms that support the creation and issuance of digital tokens, which are then offered through ICOs. A few examples of these platforms include Stellar, NEM, NEO, Komodo, and Waves.

Initial Coin Offering crowd sales are, certainly, one effective method of raising venture capital and project funding, making it possible for businesses and projects to get financial support during their early stages.