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REGULATION
by
4 months ago

Binance lists Magic Eden’s ME token on Earn, Buy Crypto, Convert, Margin & Futures

2024-12-11

REGULATION
by
4 months ago

 

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:

  • ME/BTC
  • ME/USDT
  • ME/FDUSD
  • ME/TRY

 

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.

 

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