- Binance announced that it will list the new cryptocurrency SOLV on the 17th.
- Users can deposit BNB and participate in the SOLV Megadrop.
- The SOLV token is expected to have a 'seed tag', indicating higher volatility risk.
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Global cryptocurrency exchange Binance has announced the listing of Solv Protocol (SOLV). Solv Protocol is a Bitcoin (BTC) staking protocol that is building Bitcoin-centric decentralized finance (DeFi).
On the 6th (local time), Binance announced on its official website, "Binance will list SOLV on the 17th at 19:00 (KST)," adding that "trading pairs such as SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY will be supported."
Previously, Binance selected Solv Protocol as the third project for its token launch platform 'Megadrop'. Users can deposit BNB and participate in the SOLV Megadrop starting at 9:00 (KST) on the 7th.
However, the token will be listed with a 'seed tag', indicating higher volatility risk compared to other tokens.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.PiCK News
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