Magic(MAGIC) New Listing on Binance

$0.0835

0.97%

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Binance will list Magic (MAGIC) in the Innovation Zone and will open trading for these spot trading pairs at 2022-12-12 08:00 (UTC):

New Spot Trading Pairs: MAGIC/BTC, MAGIC/BUSD and MAGIC/USDT
Users can now start depositing MAGIC in preparation for trading
Withdrawals for MAGIC will open at 2022-12-13 08:00 (UTC)
MAGIC Listing Fee: 0 BNB

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

In addition, Binance will add MAGIC as a new borrowable asset on Cross Margin and Isolated Margin, as well as these new margin pairs, within 48 hours from 2022-12-12 08:00 (UTC):

New Cross Margin Pairs: MAGIC/BUSD, MAGIC/USDT
New Isolated Margin Pairs: MAGIC/BUSD, MAGIC/USDT

Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits and rates.

What is Magic (MAGIC)?

Magic is the token for Treasure which is a gaming infrastructure and ecosystem project on Arbitrum. It has products like Bridgeworld, The Beacon, and Trove. MAGIC is a governance and utility token for NFT transactions, staking, governance and other gameplay functions.

Reminder:

The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.

Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.

MAGIC is a relatively new token that poses a higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, have done your own research in regards to MAGIC’s fundamentals, and fully understand the project before opting to trade the token.

Details: