Binance Launches New Investment Opportunity with Usual (USUAL) Token
Binance, one of the leading cryptocurrency exchanges, has unveiled an exciting new investment opportunity for its users by introducing the decentralized stablecoin issuer, Usual (USUAL), to its Launchpool platform. This marks Usual (USUAL) as the 61st project featured on Binance’s Launchpool, exclusively available to Binance users prior to any other listings. The pre-market trading for Usual is set to commence on November 19, 2024, providing a unique chance for users to acquire the token before it officially launches on the exchange.
To participate, users will need to lock their BNB and FDUSD assets in order to earn rewards in the form of USUAL tokens, provided they meet specific conditions. This initiative not only offers a substantial opportunity for early acquisition but also sets the stage for the token’s performance in the market.
Details of the New Launchpool Project
In a recent announcement, Binance made it clear that it would be the first platform to list the USUAL token. The exchange cautioned users about potential scams, stating, “Anyone claiming to sell this token before the specified date is likely false advertising. Please conduct your own research to ensure the safety of your funds!” The announcement further elaborated:
“We are thrilled to introduce Usual (USUAL), a decentralized Fiat Stablecoin issuer, as the 61st project on Binance Launchpool. The webpage for this project is expected to go live approximately 12 hours before the Launchpool begins. Users will have the opportunity to receive USUAL Airdrops over a duration of 4 days by locking their BNB and FDUSD, with farming starting on November 15, 2024.
Pre-Market Trading Schedule
The pre-market trading for USUAL will officially start on November 19, 2024, at 13:00 CET, featuring the USUAL/USDT trading pair. The exact timing for the end of the pre-market and the subsequent spot listing will be communicated in due course, so users are encouraged to stay tuned for further announcements. Participation in the Binance Pre-Market is subject to eligibility requirements based on the user’s geographical location, with a maximum limit of 40,000 USUAL per participant.
Here are some critical details regarding the Usual token:
- Token Name: Usual (USUAL)
- Total and Maximum Token Supply: 4,000,000,000 USUAL
- Launchpool Token Rewards: 300,000,000 USUAL (7.5% of total token supply)
- Initial Circulating Supply upon Listing: 494,600,000 USUAL (12.37% of total token supply)
- Smart Contract / Network Details: Ethereum Network (0x430a2712cEFaaC8cb66E9cb29fF267CFcfA38a42)
- Note: Launchpool terms will apply, and Binance users must complete the KYC process to verify their eligibility.
As such, USUAL will be listed in the pre-market on November 15, with farming commencing on the same date. According to information available on the project’s website, Usual aims to redistribute ownership and value through the $USUAL token, establishing itself as a secure and decentralized fiat-backed stablecoin issuer.
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