Cryptocurrency Q&A
Did Binance buy SXP?
Did Binance buy SXP?
HanbokGlamourQueen
Sat Jul 27 2024
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5 answers
1405
Excuse me, could you clarify if there's been any recent news or announcements indicating that the cryptocurrency exchange platform Binance has acquired SXP, the native token of the Swipe network? It's important to stay informed about such market movements, as they can significantly impact the value and trading dynamics of involved cryptocurrencies. I'm eager to learn whether this rumor is fact or fiction, and if so, what the potential implications might be for both Binance and the SXP token holders.
5 answers
Giulia
Sun Jul 28 2024
It is noteworthy that Binance has also acquired a portion of SXP tokens through the purchase of Swipe. This investment underscores Binance's commitment to supporting promising projects and fostering a vibrant ecosystem for digital assets.
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ethan_thompson_psychologist
Sun Jul 28 2024
Binance, a leading cryptocurrency exchange, has announced the listing of Swipe (SXP) on its platform. This announcement signifies the inclusion of SXP as a tradable asset on Binance, expanding the diversity of digital assets available to its users.
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BlockchainBaron
Sun Jul 28 2024
However, it is important to clarify that the majority of Binance's SXP tokens will remain locked for several years. This decision reflects Binance's long-term vision and commitment to the success of Swipe and the stability of the market.
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CryptoWizard
Sun Jul 28 2024
To facilitate the trading of SXP, Binance will open three trading pairs: SXP/BTC, SXP/BNB, and SXP/BUSD. These trading pairs will allow users to trade SXP against Bitcoin, Binance Coin, and Binance USD, respectively.
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CryptoGuru
Sun Jul 28 2024
Trading for these pairs will commence on July 7th, 2020, at 17:00 UTC. This timeline provides users with ample time to prepare for the trading launch by depositing SXP into their Binance accounts.
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