Binance will be listing BRC-20 Sats (1000SATS), a token that pays homage to the legendary satoshi, the smallest unit of Bitcoin. Let’s dive into the details!
- Spot Trading Pairs: Binance will open trading for three new spot trading pairs:
- Users can start depositing 1000SATS in preparation for trading.
- Withdrawal will be available starting from 2023-12-13 12:00 (UTC).
- The listing fee for 1000SATS is 0 BNB.
- Additionally, Binance will add 1000SATS as a new borrowable asset within 48 hours from the listing date on Isolated Margin.
What Is BRC-20 Sats (1000SATS)?
- SATS is the abbreviation for satoshi, representing the tiniest fraction of Bitcoin: 0.00000001 BTC.
- 1000SATS is simply 1000 times the value of a single satoshi.
- This token is a meme token, inscribed by an anonymous team.
Seed Tag and Risk Considerations
- The Seed Tag will be applied to 1000SATS.
- Tokens marked with the Seed Tag may exhibit higher volatility and risks compared to other listed tokens.
- Risk Warning: 1000SATS is relatively new and may experience high price volatility. Do your research and exercise proper risk management.
Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial advice. Always do your due diligence before investing in any cryptocurrency.