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Reading: Binance and Coinbase Boost Optimism with New EigenLayer (EIGEN) Listings
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Deythere > News > News > Binance and Coinbase Boost Optimism with New EigenLayer (EIGEN) Listings
News

Binance and Coinbase Boost Optimism with New EigenLayer (EIGEN) Listings

representing the upcoming listing of EigenLayer EIGEN on Binance and Coinbase. The design features the logos of both Binan
Ezeudo Nwosu
Last updated: September 30, 2024 11:53 am
By
Ezeudo Nwosu
Published September 30, 2024
2 Min Read
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Binance and Coinbase have announced plans to list EigenLayer (EIGEN), creating a wave of optimism in the market. The addition of EIGEN to both major exchanges signals strong support for the token and has garnered significant attention from market participants.

Contents
  • Binance Set to Launch Trading for EigenLayer
  • Coinbase Adds EigenLayer to its Roadmap
  • Expected Market Impact

Binance Set to Launch Trading for EigenLayer

In a major move, Binance revealed its plans to list EigenLayer (EIGEN) and begin spot trading on October 1, 2024, at 05:00 UTC. Available trading pairs will include EIGEN/BTC, EIGEN/USDT, EIGEN/FDUSD, and EIGEN/TRY. Users can already begin depositing EIGEN in anticipation of the trading launch, with withdrawals set to open on October 2, 2024, at 05:00 UTC. The listing will occur with zero BNB fees, ensuring a smooth integration for traders.

Coinbase Adds EigenLayer to its Roadmap

Adding to the momentum, Coinbase has also included EigenLayer in its listing roadmap, further heightening market interest. With both Binance and Coinbase backing this asset, investor confidence has surged. However, analysts warn that while the dual listing brings visibility and credibility, investors should remain cautious due to potential price volatility.

representing the upcoming listing of EigenLayer EIGEN on Binance and Coinbase. The design features a clear and recognizabl

Expected Market Impact

Market analysts predict that this dual listing could trigger positive price movement for EigenLayer. The increased visibility from these two major exchanges is expected to play a critical role in boosting investor confidence. However, the Binance seed tag applied to EIGEN serves as a reminder for potential investors to conduct thorough research before making decisions.

The upcoming listings of EigenLayer on Binance and Coinbase mark a significant milestone for the token, opening the door to increased visibility and trading activity. However, investors are advised to remain vigilant, as the high risk and volatility associated with new listings cannot be overlooked.

EigenLayer, Binance, Coinbase, EIGEN listing

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ByEzeudo Nwosu
Ezeudo Nwosu is a blockchain and cryptocurrency professional with over 8 years of experience in the industry. With a background in software engineering, Ezeudo has been at the forefront of developing innovative blockchain solutions that address key challenges in various sectors. His work includes leading blockchain integration projects and advising on the creation of decentralized applications (dApps). Ezeudo is recognized for his deep technical knowledge and his ability to translate complex blockchain concepts into practical applications. At DT NEWS, he offers expert insights into the latest developments in blockchain technology and cryptocurrencies, helping readers stay informed about the future of digital finance.
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