Binance Will List Spell Token (SPELL) and TerraUSD (UST)

Fellow Binancians,

Binance will list Spell Token (SPELL) and TerraUSD (UST) and will open trading for SPELL/BTC, SPELL/BUSD, SPELL/USDT, UST/BTC, UST/BUSD, and UST/USDT trading pairs at 2021-12-24 08:00 (UTC).

Users can now start depositing SPELL and UST in preparation for trading
Withdrawals for SPELL and UST will open at 2021-12-25 08:00 (UTC)

Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status on the withdrawal page

What is Spell Token (SPELL)?

Abracadabra is a multichain lending protocol that utilizes interest-bearing tokens as collateral to mint a USD pegged stablecoin - Magic Internet Money (MIM). SPELL is its governance token that can be staked to receive protocol’s revenue.

What is TerraUSD (UST)?

TerraUSD (UST) is a decentralized algorithmic stablecoin of the Terra blockchain. In order to mint 1 TerraUSD, 1 USD worth of the reserve asset, LUNA, must be burned.

SPELL and UST Listing Fee: 0 BNB.

Details:

SPELL Website
UST Website
SPELL Avalanche Block Explorer
SPELL ERC-20 Block Explorer
UST BEP-20 Block Explorer
UST ERC-20 Block Explorer
UST Polygon Block Explorer
UST Terra Block Explorer
Fees
Rules

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

Thanks for your support!

Binance Team

2021-12-24

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

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