Binance will list Liquity (LQTY) in the Innovation Zone and will open trading for these spot trading pairs at 2023-02-28 11:00 (UTC):
- New Spot Trading Pairs: LQTY/BTC, LQTY/USDT
- Users can now start depositing LQTY in preparation for trading
- Withdrawals for LQTY will open at 2023-03-01 11:00 (UTC)
- LQTY Listing Fee: 0 BNB
Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.
In addition, Binance will add LQTY as a new borrowable asset with this new margin pair on Isolated Margin, within 48 hours from 2023-02-28 11:00 (UTC):
- New Isolated Margin Pair: LQTY/USDT
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits and rates.
What is Liquity (LQTY)?
Liquity is a decentralized borrowing platform that accepts ETH as collateral and lends LUSD, a stablecoin. LQTY is the utility token for functions such as staking and liquidity mining.
The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.
LQTY is a relatively new token that poses a higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, have done your own research in regards to LQTY’s fundamentals, and fully understand the project before opting to trade the token.
- Liquity Website
- LQTY Token Contract Address - Ethereum
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.