Recently, news of the listing came from popular crypto exchanges Binance and Upbit. After this news, the value of the coins in question increased. Here are the details…
Binance lists Maverick Protocol
Binance has made an announcement regarding the listing of the Maverick Protocol (MAV) and the trading pairs MAV/BTC, MAV/USDT and MAV/TUSD to begin trading on June 28, 2023 at 11:00 AM. This development opens up new avenues for traders and investors to participate in the Maverick Protocol ecosystem. Maverick Protocol is a groundbreaking project that aims to revolutionize the DeFi space by providing users with a composable decentralized exchange (DEX). Its primary purpose is to empower liquidity providers by allowing them to maximize their capital efficiency while implementing their preferred liquidity delivery (LP) strategy.
By offering this flexibility, Maverick Protocol aims to eliminate inefficiencies within decentralized finance and improve the overall user experience. At the core of Maverick is the Maverick AMM. This innovative automated market maker provides liquidity providers with enhanced flexibility in allocating their liquidity. Unlike traditional AMMs, Maverick AMM allows liquidity to change automatically in response to price movements, ensuring it is always optimally placed. This dynamic liquidity allocation mechanism allows users to quickly adapt to market conditions and take advantage of profitable opportunities.
One of the main goals of the Maverick Protocol is to democratize dynamic concentrated liquidity and make it accessible to users of all walks of life. Maverick Protocol automates a comprehensive set of liquidity strategies so that a wide variety of market participants can take advantage of its features. This inclusive approach allows anyone interested in decentralized finance to join the platform and take advantage of the opportunities it offers.
#Binance will open trading for @mavprotocol $MAV.https://t.co/8S7gg1aSGl
— Binance (@binance) June 27, 2023
Upbit lists BLUR/KRW: BLUR jumps
As we have also reported as Kriptokoin.com, South Korea’s largest crypto exchange Upbit has announced that it has added a new crypto asset to its platform. Upbit users will be trading BLUR against KRW, the Korean fiat currency, starting June 27. The release of the BLUR/KRW trading pair has created considerable excitement in the cryptocurrency community. In just 24 hours after the announcement, the value of the BLUR token has increased by an impressive 25 percent to a trading price of $0.473. This increase in value can be attributed to market anticipation and the positive sentiment surrounding the addition of BLUR to Upbit’s trading options.
However, it is worth noting that Upbit has taken some measures to provide a safe trading environment and accurate market information for its users. In line with these measures, the exchange stated that a certain amount of deposits may be subject to audits that include the analysis of the flow of funds. If a deposit does not pass the review process, it will not be credited to the user’s account. Initially, buy orders will be restricted for about five minutes after the start of trading support. In addition, sell orders for BLUR will be capped at a price below 10 percent of the previous day’s closing price of 443 KRW on the Upbit BTC market. In addition, market orders and reservation orders will be restricted for the first hour after listing.
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