2024-12-11
December 10, 2024 – Leading
cryptocurrency exchange Binance has officially announced the listing of Magic
Eden's ME token and the rollout of various trading and investment features to support
the token.
Spot Trading Begins
Spot trading for Magic Eden (ME)
commenced on December 10, 2024, at 15:00 UTC, with the following pairs
available:
Users can deposit ME tokens in
preparation for trading, while withdrawals will be enabled from December 11,
2024, at 15:00 UTC.
Notably, the listing fee for ME is 0
BNB, and the official smart contract address is MEFNBXixkEbait3xn9bkm8WsJzXtVsaJEn4c8Sam21u.
Integration Across Binance Ecosystem
In addition to spot trading, Binance
has introduced ME into several other features and products:
Simple Earn: ME Flexible
Products were listed on Binance Simple Earn at 15:00 UTC on December 10,
2024, offering a subscription-based investment opportunity.
Auto-Invest: Users can
purchase ME via Binance Auto-Invest starting December 11, 2024, at 10:00 UTC
using supported payment methods.
Trading Expansion
Buy Crypto: Users can
purchase ME using payment methods like VISA, MasterCard, Google Pay, and Apple
Pay or directly via wallet balances on Binance’s “Buy Crypto” platform.
Convert: Trading ME
against BTC, USDT, and other tokens on Binance Convert is now available with zero
fees.
Margin Trading: Binance Margin
has added ME as a borrowable asset on both Cross and Isolated Margin platforms,
along with the ME/USDT pair. Margin services became available from 17:00 UTC
on December 10, 2024.
Futures: Binance
Futures launched the USDⓈ-M ME Perpetual
Contract on December 10, 2024, at 17:00 UTC, with leverage options of up
to 75x.