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Analysis

Binance Will List Mina (MINA) and Raydium (RAY) in the Innovation Zone

August 1, 2021 - Around 3 mins mins to read

Announcement from Binance.com

Binance will checklist Mina (MINA) and Raydium (RAY) in the Innovation Zone and will open trading for MINA/BTC, MINA/BNB, MINA/BUSD, MINA/USDT, RAY/BNB, RAY/BUSD and RAY/USDT trading pairs at 2021-08-10 06:00 AM (UTC).

  • Users can now begin depositing MINA and RAY in preparation for trading
  • Withdrawals for MINA and RAY will open at 2021-08-11 06:00 AM (UTC)

Note: The withdrawal open time is an estimated time for customers’ reference. Users can view the precise standing of withdrawals on the withdrawal web page.

MINA and RAY Listing Fee: 0 BNB.

What is Mina (MINA)?

Mina is a layer-1 blockchain protocol constructed to curtail computational necessities in order to run dApps extra effectively. The dimension of the Mina blockchain is designed to stay fixed at 22kb, no matter progress in utilization. MINA is the native utility token of the platform and is used for community transactions, staking rewards, and block manufacturing.

What is Raydium (RAY)?

Raydium is an automatic market maker (AMM) constructed on the Solana blockchain. The challenge leverages the central order e book of the Serum Decentralized Exchange (DEX) to allow quick trades, shared liquidity, yield incomes alternatives and new challenge launches. RAY is the native utility token of the platform and is used for liquidity mining incentives, staking, eligibility for brand new challenge launches, and participation in future governance.

Reminder:
The Innovation Zone is a devoted trading zone the place customers are in a position to trade new, progressive tokens which are more likely to have greater volatility and pose the next danger than different tokens.

Before having the ability to trade in the Innovation Zone, all customers are required to go to the net model of the Innovation Zone trading web page to rigorously learn the Binance Terms of Use and full a questionnaire as a part of the Initial Disclaimer. Please observe that there won’t be any trading restrictions on trading pairs in the Innovation Zone.

MINA and Ray are comparatively new tokens that pose the next than regular danger, and as such will probably be topic to excessive price volatility. Please be sure that you train adequate danger administration, have completed your personal analysis in regards to MINA’s fundamentals, and totally perceive the challenge earlier than opting to trade the token.

Details:

Risk warning: Cryptocurrency trading is topic to excessive market danger. Please make your trades cautiously. Binance will make finest efforts to decide on high-quality cash however won’t be chargeable for your trading losses.

Thanks to your assist!

Binance Team

2021-08-10

Find us on

Binance reserves the proper in its sole discretion to amend or change or cancel this announcement at any time and for any causes with out prior discover.

https://www.binance.com/en/support/announcement/1109860f79f14ebaabe7086b863a90a2

Analysis

Binance Will List Mina (MINA) and Raydium (RAY) in the Innovation Zone

Announcement from Binance.com

Binance will checklist Mina (MINA) and Raydium (RAY) in the Innovation Zone and will open trading for MINA/BTC, MINA/BNB, MINA/BUSD, MINA/USDT, RAY/BNB, RAY/BUSD and RAY/USDT trading pairs at 2021-08-10 06:00 AM (UTC).

  • Users can now begin depositing MINA and RAY in preparation for trading
  • Withdrawals for MINA and RAY will open at 2021-08-11 06:00 AM (UTC)

Note: The withdrawal open time is an estimated time for customers’ reference. Users can view the precise standing of withdrawals on the withdrawal web page.

MINA and RAY Listing Fee: 0 BNB.

What is Mina (MINA)?

Mina is a layer-1 blockchain protocol constructed to curtail computational necessities in order to run dApps extra effectively. The dimension of the Mina blockchain is designed to stay fixed at 22kb, no matter progress in utilization. MINA is the native utility token of the platform and is used for community transactions, staking rewards, and block manufacturing.

What is Raydium (RAY)?

Raydium is an automatic market maker (AMM) constructed on the Solana blockchain. The challenge leverages the central order e book of the Serum Decentralized Exchange (DEX) to allow quick trades, shared liquidity, yield incomes alternatives and new challenge launches. RAY is the native utility token of the platform and is used for liquidity mining incentives, staking, eligibility for brand new challenge launches, and participation in future governance.

Reminder:
The Innovation Zone is a devoted trading zone the place customers are in a position to trade new, progressive tokens which are more likely to have greater volatility and pose the next danger than different tokens.

Before having the ability to trade in the Innovation Zone, all customers are required to go to the net model of the Innovation Zone trading web page to rigorously learn the Binance Terms of Use and full a questionnaire as a part of the Initial Disclaimer. Please observe that there won’t be any trading restrictions on trading pairs in the Innovation Zone.

MINA and Ray are comparatively new tokens that pose the next than regular danger, and as such will probably be topic to excessive price volatility. Please be sure that you train adequate danger administration, have completed your personal analysis in regards to MINA’s fundamentals, and totally perceive the challenge earlier than opting to trade the token.

Details:

Risk warning: Cryptocurrency trading is topic to excessive market danger. Please make your trades cautiously. Binance will make finest efforts to decide on high-quality cash however won’t be chargeable for your trading losses.

Thanks to your assist!

Binance Team

2021-08-10

Find us on

Binance reserves the proper in its sole discretion to amend or change or cancel this announcement at any time and for any causes with out prior discover.

https://www.binance.com/en/support/announcement/1109860f79f14ebaabe7086b863a90a2

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