Binance Announces Listing: ACX and ORCA Prices Surge

Last updated: December 6, 2024 9:44 am

Published December 6, 2024

Binance, the world’s leading cryptocurrency exchange, has announced the listing of Across Protocol (ACX) and Orca (ORCA). Spot trading for the pairs ACX/USDT and ORCA/USDT will go live on 6 December 2024, at 4:00 PM UK time. As of today, users can deposit ACX and ORCA tokens into their Binance accounts.

Contents

Withdrawals Begin on 7 December
About Across Protocol and Orca
Market Impact of the Listing

Withdrawals Begin on 7 December

Withdrawals for both tokens are set to open on 7 December 2024, at 4:00 PM UK time. Binance has clarified that users can verify the exact start time for withdrawals on the withdrawal page. The platform has also highlighted that these tokens will carry a “Seed” tag to inform traders of potential risks and volatility.

Binance further revealed plans to support Trading Bots and Spot Copy Trading for these altcoins. These features will become active within 24 hours of the tokens being listed. Users looking to include these assets in their Spot Copy Trading portfolios can do so via the [Custom Pair Selection] option.

About Across Protocol and Orca

Across Protocol (ACX) is an innovative interoperability protocol designed to enable seamless interactions across different blockchain networks. Its purpose is to provide developers with a robust infrastructure for more efficient cross-chain operations.

Orca (ORCA), on the other hand, is a decentralized exchange (DEX) operating on the Solana blockchain. Known for its user-friendly interface and swift transaction capabilities, Orca has become a prominent choice within the Solana ecosystem. It offers attractive rewards to liquidity providers and allows users to execute low-cost swaps efficiently.

Market Impact of the Listing

Binance’s decision to list ACX and ORCA is expected to broaden the reach of these projects, granting them greater exposure to a global audience. Following the announcement, both tokens experienced a price surge exceeding 20%, reflecting strong market enthusiasm.

As reported by Dey There, Binance’s listing of these promising projects underscores its commitment to expanding opportunities for innovative blockchain solutions.

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ByMilena Volodina

Milena Volodina is a blockchain strategist and cryptocurrency expert with 9 years of experience in the industry. With a background in finance and technology, Milena has worked on numerous blockchain projects, including the development of decentralized finance (DeFi) platforms and blockchain-based financial services. Her expertise in both the technical and financial aspects of blockchain technology allows her to provide a comprehensive view of the industry. At DT NEWS, Milena offers readers expert analysis and insights into the latest trends and innovations in the blockchain and cryptocurrency world, ensuring they stay informed about key developments.