Binance recently announced that it will list Magic Eden’s native token ME on its exchange. Trading support and withdrawals for ME will open on December 10 at 15:00 UTC. Binance will provide trading support for the following trading pairs: ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY.
In preparation for the launch, users will be able to start depositing ME. However, due to Magic Eden’s relatively new token status posing higher risk than usual, Binance has informed users that it will be adding a seed tag to ME.
This means that users will need to take a test on the Binance Spot and Binance Margin platforms every 90 days and agree to the exchange’s terms of use in order to gain access to trade ME.
Alongside Binance, South Korean cryptocurrency exchanges Upbit and Bithumb also announced plans to list the NFT marketplace token simultaneously on December 10 at 14:00 UTC.