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Binance Announces Ordinals (ORDI) Listing; Token Surges 50% in Reaction

Published 11/08/2023, 01:13 AM
Updated 11/08/2023, 01:15 AM
Binance Announces Ordinals (ORDI) Listing; Token Surges 50% in Reaction
BTC/USD
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  • Binance said it will list Ordinals (ORDI) today with three new spot trading pairs.
  • Users can start depositing their ORDI tokens, but withdrawals will commence tomorrow.
  • Data from CoinMarketCap shows ORDI surged over 50% following the announcement.

Crypto exchange Binance announced today the listing of the Ordinals (ORDI) token on its platform. With the development, Binance joins a growing list of crypto trading platforms to have listed the token.

Notably, the crypto exchange disclosed in the announcement it will list the token with new spot trading pairs ORDI/BTC, ORDI/USDT/, and ORDI/TRY. The crypto exchange said it will open trading for these pairs today at 10:00 (UTC).

According to Binance, users can start depositing ORDI before trading activities start on the platform. However, the crypto exchange said ORDI withdrawal won’t open until November 8, at 06:30 (UTC). Furthermore, the crypto exchange said the first 1000 users to deposit a minimum of 72 ORDI will qualify for some rewards.

Following the announcement, ORDI price recorded a significant surge in its price, with crypto investo…

The post Binance Announces Ordinals (ORDI) Listing; Token Surges 50% in Reaction appeared first on Coin Edition.

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