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Binance Lists Magic Eden (ME) Token with Exciting Airdrop Plans
Magic Eden Token Now Available on Binance
Binance, the leading cryptocurrency exchange platform, has revealed its decision to list the Magic Eden (ME) token. This announcement comes just before Magic Eden’s scheduled airdrop event, offering a potentially rewarding opportunity for participants.
Key Details of Binance’s New Listing
On December 10th, Binance officially declared that it would list the ME token from Magic Eden at 15:00 UTC. The trading pairs that will be available are ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY. Users can already deposit ME tokens on the platform in preparation for trading, with withdrawals becoming accessible 24 hours post-listing. Notably, there will be no trading fees associated with ME on Binance initially, attracting users with this promotional incentive.
Binance has introduced a seed tag to differentiate Magic Eden’s ME token from others. Eligibility criteria will apply to trade the new pairs on the exchange. Following the announcement, the price of the ME token surged by over 53%.
Magic Eden’s ME Token Airdrop Details
Alongside the Binance listing, Magic Eden is set to conduct an airdrop for ME tokens after raising around $160 million. The ME token plays a central role in Magic Eden’s NFT marketplace, further enhancing the appeal of the upcoming airdrop for participants.
The airdrop will serve as a Token Generation Event for the Magic Eden Ecosystem, offering users a chance to list their Solana NFTs for sale in ME and receive tokens from those transactions. The claim process for ME tokens will commence at 2 PM GMT on December 10th, with restrictions applied to US audiences based on recent domain adjustments by Magic Eden.