Binance to List KAITO Token
The world's largest cryptocurrency exchange Binance has announced the listing of the Kaito (KAITO) token.
Trading of Kaito (KAITO) on Binance will begin on February 20 at 13:00 UTC (15:00 Moscow time). This is stated in the press release of the trading platform.
KAITO Listing on Binance
Binance adds the following trading pairs: KAITO/BTC, KAITO/USDT, KAITO/USDC, KAITO/BNB, KAITO/FDUSD, and KAITO/TRY.
For Kaito, listing on Binance is an important milestone in the project’s development. Last week, the startup team presented a white paper, in which they described a system where users earn points for activity and providing analytical materials. After the airdrop, the points received can be exchanged for KAITO tokens.
When listing, Binance will attach a special “monitoring tag” to the new coin, which it assigns to all newly issued assets.
The crypto exchange has also added KAITO to its HODLer Airdrop program. As part of this initiative, the trading platform rewards BNB holders with new tokens. Users who deposited Binance tokens into Simple Earn from February 6 to February 10 of this year can expect 20 million coins from Kaito.
TGE Kaito
Tomorrow, February 20, will also see the Kaito Token Generation Event (TGE). The project team previously announced that they would publish the tokenomics right before the event.
The OKX crypto exchange also announced the listing of KAITO. In the first five minutes from the start of trading, the trading platform will impose restrictions on placing orders. This is necessary to protect traders from increased volatility after the coin enters the market.
Users will not be able to place market orders with KAITO. The net position size of each limit order per trader must not exceed $10,000.
“These restrictions will be lifted after the first five minutes of trading,” OKX noted.
Kaito is a crypto analytics platform powered by artificial intelligence (AI). The main goal of the project is to provide traders with convenient tools for a deeper understanding of crypto market trends.
In 2023, the startup raised $5.3 million from Dragonfly Capital, Sequoia Capital, Jane Street and other major venture funds.
Источник: cryptocurrency.tech
