Dear Binanciens, Dear Binanciens,
Binance will list Ordinals (ORDI) and open trading for these Spot trading pairs on 11/07/2023 at 12:00 UTC:
New Spot Trading Pairs: ORDI/BTC, ORDI/USDT, ORDI/TRY
Users can start depositing ORDI now while waiting to trade
ORDI withdrawals will open on 08/11/2023 at 06:30 (UTC)
ORDI listing fees: 0 BNB
Binance will also add ORDI as a new borrowable asset with this new isolated margin trading pair within 48 hours from 11/07/2023 at 12:00 UTC:
New Isolated Margin Pair: ORDI/USDT
Please refer to the Margin Data section for the most up-to-date list of assets available for margin trading and to learn about specific limits and rates.
Remarks :
The wording Financing will be applied to the ORDI.
TRY represents a fiat currency and does not represent other digital currencies.
The withdrawal opening date and time are an estimated date and time to serve as a reference for users. Users can check the actual status of withdrawals by visiting the withdrawals page.
ORDI deposit activity
As of this announcement and before starting to trade, the first 1,000 users who deposit at least 72 ORDIs, will be eligible to receive a voucher reward of 50 USDT off trading fees for each of their accounts.
Remarks :
Only standard and VIP 1-3 users in qualified regions are eligible for rewards.
Trading fee voucher rewards will be distributed within five days after the promotion ends.
Binance will combine the sub-account deposit volume with the main account's standard deposit volume in the final calculation.
Binance reserves the right at any time, in its sole and absolute discretion, to determine and/or modify or edit these terms and conditions without notice, including, but not limited to, canceling, extending, to suspend or terminate this Promotion, the terms and eligibility criteria, the selection and number of winners, and the time of any act to be performed, and all entrants will be bound by such changes.
What are Ordinals (ORDI)?
The total number of bitcoins is 21 million, and one bitcoin can be subdivided into 100 million satoshis (for example, the satoshi corresponds to the smallest unit of Bitcoin, the sat). There are 2,100 trillion satoshis in total. Inscriptions are created by writing content to a satoshi using the Ordinals protocol. There is no need to use a separate token, parallel blockchain, or bitcoin to register, as the Ordinals protocol allows information to be written to each satoshi, such as text, images, sound, and video, etc. Given the limited size of the Bitcoin block, the main information used during registration is texts and images.
Reminder :
ORDI is a relatively new token that has higher than normal risk and as such will likely be subject to high price volatility. Please ensure you exercise sufficient risk management, have done your own research into the fundamentals of ORDI, and fully understand the project before choosing to trade the token.
The Funding label is applied to innovative token projects that have significantly higher volatility and risks than other listed tokens. The wording Funding will be applied to the ORDI.
To be able to trade tokens bearing the Funding label, users will need to complete quizzes provided for this purpose every 90 days on the Binance Spot and/or Binance Margin platforms, and accept the General Conditions. The quizzes are set up to ensure that users are aware of the risks before trading tokens labeled Funding. Users can find the Funding label on the corresponding trading pages of Binance Spot and Binance Margin, as well as on the Markets Overview page. A Risk Warning banner will also be displayed for all tokens labeled Funding.
Details :
Ordinals website
Whitepaper of Ordinals
Contract of Ordinals
Explorateur d’Ordinals
Costs
Rules
Thank you for your support !
The Binance team
07/11/2023