Polygon’s native token POL (ex-MATIC) nabbed important investor consideration on Friday as crypto alternate behemoth Binance issued a significant announcement. Notably, the alternate revealed plans so as to add the token to Earn, Purchase Crypto, Convert, Margin, and Futures merchandise, reverberating optimism surrounding the coin’s future value actions. Concurrently, POL value jumped practically 15% after the crypto alternate introduced numerous listings for the token.
Binance Provides Polygon To Its Stockpile Of Choices
In an official announcement by Binance dated September 13, the CEX revealed that it’s extending help for a plethora of Polygon (POL) listings. As per the announcement, POL easy earn versatile and locked merchandise will likely be obtainable to customers beginning September 13 at 10 UTC. Additional, customers might buy the asset utilizing any fee choices supported on auto-invest beginning September 16 at 10 UTC.
Additionally, “customers can purchase the crypto with VISA, MasterCard, Google Pay, and Apple Pay,” the CEX added. As well as, the announcement revealed that Polygon will likely be added as a brand new borrowable asset on Cross and Remoted margins. POL/USDT, POL/USDC, and POL/FDUSD pairs on Cross and Remoted Margin will likely be obtainable as of immediately at at 12 UTC.
Concurrently, the highest crypto alternate will even launch a USD-Margined perpetual contract for Polygon immediately at 12:15 UTC. Customers can get pleasure from as much as 75x leverage buying and selling the asset. The utmost funding charge of the POLUSDT Perpetual Contract on the time of launch is +2.00% / -2.00%, per the announcement.
In the meantime, in one other announcement, the crypto alternate revealed that it has concluded Polygon (MATIC) token improve POL. Spot buying and selling has commenced for POL/BNB, POL/BRL, POL/BTC, POL/ETH, POL/EUR, POL/FDUSD, POL/JPY, POL/TRY, POL/USDC, and POL/USDT beginning immediately at 10 UTC.
Altogether, the crypto alternate’s plans to boost POL choices garnered appreciable investor optimism surrounding the token.
POL Token Soars 15%
On the time of reporting, POL value soared practically 15% to commerce at $0.4341. The coin’s intraday high and low have been registered to be $0.372 and $0.4219, respectively.
Polygon’s 24-hour buying and selling quantity famous a whopping 622% uptick over the past day. Additional, the coin’s market cap surged 15% to $3.08 billion, underscoring elevated curiosity within the asset amongst merchants.
Intriguingly, this value upswing primarily falls according to Binance’s listings talked about above. As seen beforehand, AERGO value soared remarkably with its futures itemizing on the CEX on September 10. Subsequently, AERGO value gained practically 9% thus far, in flip sparking optimism over POL’s value actions forward.
Disclaimer: The offered content material might embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability on your private monetary loss.
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