Binance has announced Web3 gaming project Portal (PORTAL) as the 47th project added to the Binance Launchpool.
Users can stake BNB and FDUSD to farm PORTAL starting on February 22, 2024 at 00:00 UTC.
Binance will add trading support for PORTAL at the end of the farming period.

Binance has added the 47th project to its Launchpool with the introduction of crypto gaming platform Portal (PORTAL).

An announcement the crypto exchange released on Wednesday stated that Binance Launchpool participants can now farm PORTAL by staking BNB and FDUSD. The seven-day program will then be followed by Binance’s listing of PORTAL spot trading pairs.

According to Binance, farming for PORTAL will start on February 22 at 00:00 UTC, with trading support for the cross-chain gaming platform set for February 29 at 10:00 UTC. The exchange plans to list five spot trading pairs for the token – PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD and PORTAL/TRY.

⚡ Portal x @binance ⚡

The moment you’ve all been waiting for is nearly here. On Feb 29, 10am UTC, $Portal will officially launch on @binance.

This is just the beginning. We’ve got so much to show you about Portal and the products we’ve been building. Get ready! https://t.co/zge4Prs1n1

— Portal (@Portalcoin) February 21, 2024

Binance will apply the Seed Tag to PORTAL, which is a caution attached to notify users that the new token is likely to be very volatile when trading opens.

Portal held a presale for its native token in 2023.

Binance unveiled the Binance Launchpool platform in September 2020 and has added projects such as Sui, Mantle, Memecoin and Pendle.

The post Binance adds Portal (PORTAL) to Launchpool appeared first on CoinJournal.

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Filed under: Bitcoin - @ February 21, 2024 8:02 pm