Binance Wallet 👇
⚠️ Binance Wallet will allow the creation of tokens; see how it works. #Binance
Users will need to apply to launch a token through the exchange's new "token generation event model."
The cryptocurrency exchange Binance is launching a new "token generation event model" for the Binance Wallet. It will use the bonding curve mechanism, popularized by Solana's memecoin launch platform, Pump.fun.
However, unlike Pump.fun, users will need to apply to launch a token on the platform.
The new feature is part of a growing set of token generation event products offered by Binance Wallet. Projects need to apply to launch a token through this set. This requirement will remain the same as the exchange introduces the bonding curve feature, a Binance spokesperson confirmed to Decrypt.#StrategyBTCPurchase