On October 10th, 2023, at 12:00 UTC, the cryptocurrency exchange giant Binance will list Neutron (NTRN), a token associated with the Neutron Network, on its platform. This listing marked a significant milestone for the project and attracted considerable attention from the crypto community.
However, understanding the nuances of this listing requires digging deeper. In this article, we’ll delve into the details of Binance listing NTRN with a Seed Tag applied, exploring its implications and potential impact.
Understanding Neutron and the Seed Tag:
Neutron is a public blockchain infrastructure aiming to provide security, scalability, and interoperability for decentralized applications (dApps).
Its native token, NTRN, fuels various network activities, including gas fees, staking, and governance participation. Notably, the listing involved a “Seed Tag,” which Binance described as “a mechanism designed to help users differentiate between different versions of the same token.” This tag essentially functions as an identifier to distinguish NTRN tokens originating from the specific Neutron Network listed on Binance from other potential NTRN tokens associated with different networks
New Spot Trading Pairs: NTRN/BTC, NTRN/USDT, NTRN/BNB
Users can now start depositing NTRN in preparation for trading
Withdrawals for NTRN will open at 2023-10-11 12:00 (UTC)
NTRN Listing Fee: 0 BNB