Thursday, December 12, 2024
HomeCrypto NewsA Ethereum Layer 2 Solution

A Ethereum Layer 2 Solution

Binance, a leading crypto exchange platform has recently announced the launch of its third project on Binance Airdrop Portal called Movement (MOVE).  The listing is scheduled on December 9, 2024 at 13:00 UTC. The platform will also allow trading in multiple pairs which include trading pairs with BTC, USDT, BNB, FDUSD and TRY trading pairs as per Binance.com.

What is Movement (MOVE)?

Movement (MOVE) is an Ethereum Layer-2 solution that is designed to increase transaction efficiency, reduced costing and scalability of the Ethereum blockchain.

Binance to Provide Seed Tag

Since the token seems to be a promising early stage project, the token will be marked with the “Seed” tag on Binance. This tag usually attracts investors and traders as the tag indicates that token has a potential for significant development and might do well in the future.

Bithumb Confirms Listing with KRW Pairing

Bithumb, which is South Korea’s second largest cryptocurrency has also announced listing of the Ethereum Layer-2 token. The exchange as per their post on X stated that the platform will launch trading for the token paired with Korean won (KRW) on December 9, 2024 at 21:00pm. This step will help the token to increase its visibility in the Asian market.

This listing is expected to increase the token’s liquidity and adoption in the most active crypto regions as well.

Bithump announces listing for MOVE
Bithump announces listing of the token (Source: X Post)

The token will also be listed on Upbit, South Korea’s leading cryptocurrency exchange where the deposits will begin from 20:00 PM KST and token trading support will start at 21:00 PM KST.

Also Read: Bitcoin Memecoin $DOG Hits New ATH, Nears $1 Billion Market Cap

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