KAITO to Launch on Binance and OKX Amid Growing Anticipation
The post KAITO to Launch on Binance and OKX Amid Growing Anticipation appeared on BitcoinEthereumNews.com.
Binance, the largest crypto exchange by trading volume, has announced plans to list KAITO. Trading will begin on Thursday. The announcement comes only days after Kaito (KAITO) launched its whitepaper, revealing plans to tokenize social media content with AI. KAITO to Begin Trading on Binance According to the announcement, the KAITO token will be available for trading against BTC, USDT, USDC, BNB, FDUSD, and TRY pairs. Users can begin trading KAITO on Binance starting February 20 at 13:00 UTC. This listing marks a significant milestone for KAITO, with anticipation building around its market performance. It comes barely a week after Kaito revealed its whitepaper, outlining a system where users earn “yaps” based on engagement and insight. As BeInCrypto reported the “yaps” would influence future airdrops, rewarding insightful social media posts using AI-powered evaluation. Along with this listing, Binance will attach a seed tag to KAITO as a special identifier to help distinguish it from other tokens. This is precautionary given KAITO’s relative newness in the market, making it susceptible to higher-than-normal risk and expected price volatility. Similarly, Binance is also introducing KAITO to its HODLer Airdrop program. This initiative rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. “Users who subscribed their BNB to Simple Earn products from 2025-02-06 00:00 (UTC) to 2025-02-10 23:59 (UTC) will get the airdrops distribution,” the announcement read. Specifically, the airdrop will distribute 20 million KAITO tokens, representing 2% of the one billion KAITO supply. Eligible users will receive the tokens in their spot accounts an hour before trading goes live. Notably, the Base layer-2 network hosts the KAITO smart contract. Kaito Announces Token Generation Event The Binance listing announcement coincides with Kaito’s planned token generation event (TGE), slated for February 20 at 12 PM UTC. The network articulated that its tokenomics…
Filed under: News - @ February 19, 2025 1:25 pm