The answer may surprise you: Yes,
I traded an unlisted currency on Binance: that's how I used Fartcoin even though it is not officially on the platform!!
In the past few days, I was following updates from the Binance platform as usual, and a new option that appeared in the trading interface caught my attention: a trial service within what is known as Binance Alpha. Out of curiosity, I decided to explore the feature. The surprise was that I was able to trade a currency not officially listed on Binance — specifically, a meme currency called Fartcoin!
Yes, Fartcoin, that strange currency I saw on the BNB Smart Chain, and I was able to trade it for USDT using the new 'swap' feature without going through any official listing.
✦ What exactly is this new service?
Binance Alpha is not just a technical experience, but a bold step towards integrating decentralized finance (DeFi) functionalities within the Binance environment. With this service, it has become possible:
Swapping unlisted digital tokens (but available on networks like BNB Chain) for listed tokens like USDT or BNB.
Without waiting for a management decision from Binance to list the currency.
And without the need to use external platforms like PancakeSwap or Uniswap.
It's like trading in a DEX environment but within a trusted centralized platform.
✦ How did you try trading Fartcoin? (real example)
I was following the Fartcoin project on Twitter, which is one of the 'meme' projects that has rapidly grown among users. Although it is not listed on Binance, I found that:
Available on the BNB network.
It has a relatively reliable smart contract.
It has initial liquidity on the Swap Farming pool within the platform.
I entered the Swap interface and found the currency by entering its smart contract address, then I swapped 50 USDT for Fartcoin.
The transaction completed in seconds, without the need for any official listing.
I felt for a moment that I was using PancakeSwap, but in the Binance interface, with greater security.
✦ What is the purpose of this service? And why is it important to you as a user?
Binance aims with this step to:
Expanding the base of tradable currencies without waiting for the lengthy official listing process.
It attracts advanced users in the world of altcoins.
Providing a hybrid environment between centralized and decentralized platforms.
But of course, trading unlisted currencies involves risk. The absence of an official listing means a lack of full verification of the project, and the possibility of fraudulent tokens or severe speculation.
✦ Summary: The future of trading on Binance is changing
My experience with Fartcoin revealed to me that Binance opens new horizons for users. Today, you are no longer required to wait for the listing of your favorite currency — if it is supported by a valid smart contract and has liquidity on the network, you may be able to trade it directly through a trusted platform.
But remember: adventure is beautiful, but you must do your own research (DYOR) before any step.
Have you tried this service before? Or are you thinking of trying to trade an unlisted currency on Binance?
Share your response and experience with me and like it!!!
