Binance Lists Worldcoin’s Native Token WLD
Binance has announced that it will list the native token of Worldcoin, WLD, on its platform. The token is already available on other exchanges such as Huobi, OKX, and Bybit. Binance will open spot trading for WLD/BTC and WLD/USDT pairs on July 24, with withdrawals tentatively scheduled for July 25. Additionally, Binance will add WLD as a borrowable asset with WLD/USDT as the isolated margin pair starting July 26.
Worldcoin Rolls Out Across Multiple Exchanges
- Worldcoin is now available for deposits and trading on Huobi and Bybit.
- Bybit will enable withdrawals of WLD from July 25.
- OKX has listed WLD but spot trading will begin once the token deposit meets their requirements.
- Gate.io also allows trading and deposits of WLD.
- Huobi reported a 5,000% surge in the token’s price since it was listed on their exchange.
Concerns and Altman’s Statement
Worldcoin has faced criticism due to its iris-scanning functionality raising privacy concerns. However, OpenAI CEO Sam Altman, one of the co-founders of Worldcoin, stated that the project aims to provide access to the global economy in a privacy-preserving and decentralized manner. As of now, the WLD token is trading up 53% at $2.55.
Hot Take:
Worldcoin’s listing on Binance and other major exchanges indicates growing interest in the project, despite privacy concerns surrounding its iris-scanning feature. The surge in the token’s price since its launch highlights the potential value investors see in Worldcoin’s mission. As the project continues to gain traction, it will be interesting to see how it evolves and whether it can overcome the privacy criticisms it has faced.