Analysis

Binance Will List Tranchess (CHESS) in the Innovation Zone

Announcement from Binance.com

Binance will list Tranchess (CHESS) in the Innovation Zone and will open trading for CHESS/BNB, CHESS/BTC, CHESS/BUSD and CHESS/USDT trading pairs at 2021-10-22 06:00 (UTC).

  • Users can now start depositing CHESS in preparation for trading
  • Withdrawals for CHESS will open at 2021-10-23 06:00 (UTC)

Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.

CHESS Listing Fee: 0 BNB.

What is Tranchess (CHESS)?

Tranchess is a derivatives trading protocol and tokenized asset management platform on Binance Smart Chain (BSC). CHESS is the governance token of the protocol and can be used for voting on governance proposals. CHESS holders will also receive 50% of the fees generated by the protocol as weekly rebate rewards.

Reminder:
The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.

Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.

CHESS is a relatively new token that poses a higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, have done your own research in regards to CHESS’s fundamentals, and fully understand the project before opting to trade the token.

Details:

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2021-10-22

Find us on

Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

https://www.binance.com/en/support/announcement/75ee0166b3ec43aba2266ef98893dd56

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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