Binance Announces Listing of BONK: Detailed Information on BONK Token

The world's largest exchange, Binance, has announced the listing of BONK. Explore more about this token with AZC News.

Binance Announces Listing Of Bonk: Detailed Information On Bonk Token_65b9723921e8a.webp

Binance is set to list Bonk (BONK) with the implementation of the Seed Tag. Trading for the newly listed token will commence on December 15, 2023, at 08:00 (UTC), featuring pairs such as BONK/USDT, BONK/FDUSD, and BONK/TRY.

Users can now initiate deposits of BONK to prepare for trading activities. The withdrawal option will become available on December 16, 2023, at 08:00 (UTC).

Additionally, Binance will introduce BONK as a new borrowable asset with a new collateral pair on the isolated margin, starting 48 hours from December 15, 2023, at 08:00 (UTC). The new collateral pair is BONK/USDT.

binance announces listing of bonk detailed information on bonk token 65b9723924765

But what exactly is BONK?

BONK is the first meme token based on the Shiba Inu theme on the Solana blockchain, released in late December 2022. Its introduction coincided with a challenging period for the Solana network, following the downfall of the FTX-Alameda Research duo, causing a loss of investor confidence.

The BONK project conducted an airdrop, distributing tokens to users who met simple conditions, such as early trading and ownership of specified NFTs on the Solana network, accounting for over 50% of the total supply. This strategic move led to a surge in the Solana network’s popularity in 2023.

Related: Solana’s BONK Hits Record High Ahead of Coinbase Listing

DEX liquidity on the Solana network attracted over $20 million in trading volume for BONK-related pairs, along with transaction fees totaling thousands of USD. This marks a strong recovery for the Solana ecosystem in 2023.


(100 votes)

Leave a Reply

Your email address will not be published. Required fields are marked *


Azcoiner Exclusive Event On Bingx

Airdrops | Altcoin | Editor Choice

AZcoiner Exclusive Event on BingX

Join the exclusive event hosted by AZCoiner in collaboration with the BingX exchange to receive attractive rewards of up to $2000. Participate now to avoid missing out!

Azcnews Breaking

Editor Choice | Research

What is Pump and Dump? What Should You Do When This Phenomenon Occurs?

The phenomenon of Pump & Dump is quite prevalent in the cryptocurrency market. So, what is Pump? What is Dump? And what should you do when this phenomenon occurs? Let's find out through the article below!

Azcnews1 Breaking

Editor Choice | Research

What is Runes Protocol? The Protocol Generating Heat Ahead of the Halving

After Halving, the narrative will only revolve around Bitcoin and Runes is a story just like that. So, what is Runes protocol? Let's find out right away!

Azcnews Breaking

Editor Choice | Research

What is Staking Crypto? Tips to Maximize Profit When Holding Coins

When you hold any coin without knowing how to optimize its profitability, coins with staking mechanisms help you generate additional profits while you hold them. So, what is Staking? What are the benefits of staking? Let's find out!


News | Bitcoin | Editor Choice

Bitcoin Rises to $65,000 Just Hours Before Halving

Bitcoin surged to $65,000, experiencing a nearly 8% fluctuation in just a few hours, amidst signs of easing tensions in Iran.