Polygon’s native token POL (ex-MATIC) nabbed important investor consideration on Friday as crypto trade behemoth Binance issued an important announcement. Notably, the trade revealed plans so as to add the token to Earn, Buy Crypto, Convert, Margin, and Futures merchandise, reverberating optimism surrounding the coin’s future value actions. Simultaneously, POL value jumped practically 15% after the crypto trade introduced varied listings for the token.
Binance Adds Polygon To Its Stockpile Of Offerings
In an official announcement by Binance dated September 13, the CEX revealed that it’s extending assist for a plethora of Polygon (POL) listings. As per the announcement, POL easy earn versatile and locked merchandise will likely be out there to customers beginning September 13 at 10 UTC. Further, customers might buy the asset utilizing any fee choices supported on auto-invest beginning September 16 at 10 UTC.
Also, “users can buy the crypto with VISA, MasterCard, Google Pay, and Apple Pay,” the CEX added. In addition, the announcement revealed that Polygon will likely be added as a brand new borrowable asset on Cross and Isolated margins. POL/USDT, POL/USDC, and POL/FDUSD pairs on Cross and Isolated Margin will likely be out there as of at present at at 12 UTC.
Simultaneously, the top crypto exchange may even launch a USD-Margined perpetual contract for Polygon at present at 12:15 UTC. Users can get pleasure from as much as 75x leverage buying and selling the asset. The most funding charge of the POLUSDT Perpetual Contract on the time of launch is +2.00% / -2.00%, per the announcement.
Meanwhile, in one other announcement, the crypto trade 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 at present at 10 UTC.
Altogether, the crypto trade’s plans to boost POL choices garnered appreciable investor optimism surrounding the token.
POL Token Soars 15%
At 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 during the last day. Further, 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 in step with Binance’s listings talked about above. As seen beforehand, AERGO price soared remarkably with its futures itemizing on the CEX on September 10. Subsequently, AERGO value gained practically 9% to this point, in flip sparking optimism over POL’s value actions forward.
Disclaimer: The introduced content material might embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.