Binance has announced the listing of four new tokens—Mubarak (MUBARAK), CZ’S Dog (BROCCOLI714), Tutorial (TUT), and Banana For Scale (BANANAS31)—on its spot trading platform.
Trading for these tokens will begin today, March 28, at 21:00 UTC, with trading pairs including MUBARAK/USDT, MUBARAK/USDC, BROCCOLI714/USDT, BROCCOLI714/USDC, TUT/USDT, TUT/USDC, BANANAS31/USDT, and BANANAS31/USDC.
Deposits and withdrawals for the newly listed tokens are now open, with withdrawals available starting March 28, 2025, at 21:00 UTC. Binance has waived the listing fee, setting it at 0 BNB.
The listings follow Binance’s “Vote to List” initiative, which received 185,432 votes from 119,334 participants. Selection criteria included community voting results, trading demand, fundamental analysis, compliance checks, and risk assessments. Tokens not selected in this round remain under review for future listings.
Due to their volatility, MUBARAK, BROCCOLI714, TUT, and BANANAS31 have been classified as high-risk assets. Binance has applied “Seed Tags” to these tokens, requiring users to pass risk-awareness quizzes every 90 days before trading. Additionally, regulatory restrictions prevent users in certain regions—including Canada, the United States, Iran, North Korea, and others—from accessing these tokens.
Alongside the new listings, Binance Futures will adjust the leverage and margin tiers for several USDⓈ-M perpetual contracts, including 1000SATSUSDT, ALCHUSDT, ACTUSDT, TSTUSDT, AUCTIONUSDT, and TUTUSDT. These changes will take effect on March 28, 2025, at 06:00 UTC.
Existing positions will be affected, and users are advised to adjust their trading strategies accordingly. The 1000SATSUSDT contract’s maximum leverage will be reduced from 75x to 10x, with similar reductions applied to other contracts. Traders should review the updated leverage and margin requirements to avoid potential disruptions.
In a separate development, Binance has banned a market maker associated with Movement (MOVE) after uncovering its involvement in irregular trading activities. The exchange stated that the entity had ties to a previously offboarded firm engaged in misconduct. As a result, the market maker has been permanently banned from conducting market-making activities on Binance.
If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
