Binance Brings Floki and PEPE to the Innovation Zone, memecoin pumps

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Crypto News > Binance Brings Floki and PEPE to the Innovation Zone, memecoin pumps

Binance, the world’s leading cryptocurrency exchange, has announced that it will list two new tokens in its Innovation Zone for trading. FLOKI (FLOKI) and Pepe (PEPE) will be available for spot trading starting from 2023-05-05 16:00 (UTC) on the following trading pairs: FLOKI/USDT, FLOKI/TUSD, PEPE/USDT, PEPE/TUSD.

Users can deposit FLOKI and PEPE now to prepare for trading, with withdrawals opening on 2023-05-06 16:00 (UTC). The listing fee for FLOKI and PEPE is zero BNB, and users can enjoy zero maker fees on the FLOKI/TUSD and PEPE/TUSD spot trading pairs until further notice.

In addition, Binance will add FLOKI and PEPE as new borrowable assets with margin pairs on Isolated Margin within 48 hours of the listing. The new margin pairs are FLOKI/USDT and PEPE/USDT. To learn about the most updated marginable assets and specific limits and rates, visit the Margin Data page.

Caution Memecoin

It’s important to note that memecoins’ rising popularity could indicate a shift in the crypto market or a potential bubble forming, as per a report by Elite Trader. Investors should exercise caution and perform due diligence before investing in any memecoin

In conclusion, as memecoins continue to emerge in the crypto industry, it’s essential to stay informed and cautious about their potential risks and rewards.

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