General Information about DEGEN:
DEGEN originated as a meme coin within the Farcaster decentralized social media platform, specifically as a reward token for the "Degen" channel. It has since evolved and is associated with the Base blockchain, operating as a Layer-3 blockchain called Degen Chain. The primary use case for DEGEN is to incentivize community interaction and reward contributions within the Farcaster ecosystem. Users can earn DEGEN tokens through social engagements like likes and reposts.
While direct spot trading of DEGEN/USDT is not available on Binance, you can still access it through the USDT-margined perpetual futures contract. Always conduct thorough research and understand the risks involved before trading cryptocurrencies.