Binance Becomes First Centralized Exchange to List Trump-Linked WLFI Token

Binance is the primary crypto trade to record World Liberty Financial (WLFI), the Trump-family-linked decentralized finance (DeFI) mission, with buying and selling set to start Monday afternoon UTC time, in accordance to a current announcement.

Deposits are already dwell, whereas withdrawals are scheduled to start Tuesday. Binance will apply its “seed tag” designation, a label reserved for modern however high-risk tokens.

Until now, WLFI tokens have been non-transferable by design, a compliance-driven restriction meant to hold the presale tokens from being freely traded, and Binance’s itemizing marks the shift to permitting transfers and opening markets on a centralized trade for the primary time.

Following the Binance announcement, South Korean trade Upbit additionally stated it is going to record WLFI.

On Binance, to entry WLFI buying and selling, customers should full quizzes acknowledging heightened volatility and danger disclosures. The token will launch on three blockchains concurrently: Ethereum, Binance Smart Chain, and Solana.

WLFI futures launched final week on the Hyperliquid decentralized trade, the place merchants rushed to quick the token, driving its implied valuation down to $24 billion from $44 billion inside hours.

The debut on Binance supplies the primary spot marketplace for WLFI itself, marking a turning level from its non-transferable token section to full tradability.

Eric Trump and Binance founder Changpeng ‘CZ’ Zhao each lately spoke at BTC Asia in Hong Kong.