Binance to List Blur: What You Need to Know
In a recent statement, Binance announced that it will be listing the Blur (BLUR) cryptocurrency token and opening trading for it. The listing will include certain spot trading pairs for BLUR, such as BLUR/BTC, BLUR/USDT, and BLUR/TRY. Users can already start depositing BLUR in preparation for trading. The withdrawal for BLUR will begin on November 25. Notably, the listing fee for the Blur token is 0 BNB. Binance also plans to add BLUR as a new borrowable asset with a new margin pair, BLUR/USD, within 48 hours of the commencement of trading.
BLUR Price Soars
The price of Blur has seen a significant increase recently. Within the past 24 hours, it has surged by 27.45% to reach $0.6244. Over the past week, it has experienced an impressive 84.29% increase, and over the past month, it has surged by a staggering 194.36%. This surge in price aligns with Binance’s decision to list the token, causing speculation within the cryptocurrency markets. The partnership between Blur and Blast, a layer2 solution, has also contributed to its recent success as one of the largest NFT lending protocols in the market.
Hot Take: Binance Expands Listings with Blur Token
Binance’s announcement to list the Blur (BLUR) cryptocurrency token reflects its commitment to expanding its offerings and meeting the demands of its users. By adding BLUR to its trading pairs and making it available for borrowing on margin trading, Binance aims to provide more opportunities for crypto traders and investors. The surge in price witnessed by BLUR further highlights its growing popularity and potential in the market. As the partnership with Blast continues to bring more attention to Blur, it will be interesting to see how the token performs in the coming months.