Dear Binance Community,

Binance will list Synapse (SYN) in the Innovation Zone and open the following spot trading pairs at 17:30 on February 22, 2023 (Vietnam Time):

  • New spot trading pairs: SYN/BTC, SYN/USDT

  • Users can start depositing SYN to get ready to trade

  • SYN withdrawal feature will open at 17:30 February 23, 2023 (Vietnam Time)

  • SYN listing fee: 0 BNB

Note: The withdrawal opening time is only a reference time for users. Users can view the actual withdrawal status on the withdrawal page.

Additionally, Binance will add SYN as a new borrowable asset with these new margin pairs in Isolated Margin mode, within 48 hours from 17:30 February 22, 2023 (UTC):

  • New Isolated Margin Pair: SYN/USDT

Please see Margin Data for the latest list of marginable assets and further information on specific limits and rates.

What is Synapse (SYN)?

Synapse is a decentralized cross-chain infrastructure project. This project offers products such as bridges, cross-chain messaging protocols, and stableswap. SYN is a utility and governance token.

Note:

Innovation Zone is a special trading area where users can trade new and progressive tokens that are potentially more volatile and risky than normal tokens.

Before trading at Innovation Zone, all users must visit the web version of the Innovation Zone trading page to read the  Binance Terms of Use and complete the questionnaire as part of the Initial Declaration. Please note that there will not be any trading limits in the Innovation Zone.

SYN is a new token, with higher risk than usual and a high probability of experiencing high price fluctuations. Please ensure that you take adequate risk management measures and have done your own research on SYN and fully understand the project before trading the tokens.

Details:

  • Trang web Synapse

  • Contract address of SYN token - Ethereum, BNB Chain, Polygon, Fantom, Avalanche, Arbitrum, Optimism

  • Fees

  • Regulations

Thanks for your support!

Binance team

22/02/2023

 

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Binance reserves the right, in its sole discretion, to modify or cancel this announcement at any time and for any reason without prior notice.

Risk warning: Digital asset prices are greatly influenced by market risks and price fluctuations. The value of your investment may go down as well as up and you may not get back the amount you invested. You are solely responsible for your investment decisions and Binance is not responsible for any losses you may experience. Past performance is not a reliable indicator of future performance. You should only invest in products you are familiar with and clearly understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance, and consult an independent financial advisor before making an investment. This material should not be construed as financial advice. For more information, please refer to our Terms of Use and Risk Warning.