In a move signaling both strategic expansion and a commitment to providing users with diverse options, Binance has recently integrated Ethena (ENA) into its expansive suite of cryptocurrency products. ENA’s inclusion spans across key platforms such as Binance Simple Earn, Binance Convert, Binance Margin, Binance Futures, and Binance Auto-Invest.

With immediate availability on Binance Simple Earn and Binance Convert, users now have seamless access to ENA, while forthcoming integrations into Binance Margin, Binance Futures, and Binance Auto-Invest underscore Binance’s proactive approach towards accommodating a diverse range of investment preferences and strategies.

Claiming Ethena (ENA) Tokens & Ethena Labs Initiates Airdrop for ENA Tokens

Navigating the process to claim Ethena (ENA) tokens on Binance is straightforward, ensuring accessibility for users seeking to engage with this burgeoning asset. Those interested in acquiring ENA can opt to subscribe to ENA Flexible Products on Binance Simple Earn or utilize supported payment options on Binance Auto-Invest, with availability commencing on April 4th.

Additionally, traders can take advantage of trading opportunities by leveraging ENA against prominent cryptocurrencies such as BTC and USDT on Binance Convert, all without incurring any trading fees. Furthermore, Binance Margin is set to introduce ENA as a new borrowable asset.

In an effort to bolster community engagement and foster widespread adoption, Ethena Labs, a prominent decentralized finance (DeFi) protocol, has initiated an airdrop for its governance token, ENA. Through a recent announcement on X, Ethena Labs has extended an invitation to holders of USDe, inviting them to claim their share of 750 million ENA tokens, representing 5% of the total supply. Emphasizing the importance of security and authenticity, users are urged to exclusively utilize the official link provided by Ethena Labs to claim their tokens.

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Ethena (ENA) Market Performance Post-Binance Listing

Following its recent listing on Binance, Ethena (ENA) has witnessed a notable surge in market activity, indicative of growing investor interest and confidence in the token’s potential. The live price of ENA experienced a significant uptick, rising from $0.300 to over $0.840 in the wake of its listing. It however is currently trading at $0.597

ENA’s current market capitalization stands at $841.63 million, with a fully diluted market cap reaching $8.86 billion, highlighting the substantial value proposition inherent in the token at its maximum supply. Additionally, ENA’s market dominance has registered an increase of 0.0337%, underscoring its growing influence and presence. With a circulation supply of 1.43 billion ENA and a maximum supply of 15 billion ENA, the token possesses ample room for growth and utilization, positioning it as a key player in the evolving cryptocurrency ecosystem.

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The post Binance Lists Ethena (ENA) Across Products, Here’s How to Claim Token appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am