Binance Launchpool Adds New Stablecoin, USUAL

• Binance is to launch the USUAL token on November 19 with pre-market access.
• Users can farm USUAL tokens via BNB and FDUSD pools starting November 15.
• Pre-market access is limited to eligible users with a 40,000 USUAL max holding.

Binance introduced its latest token, Usual (USUAL), through the Binance Launchpool. The exchange is allowing users to buy USUAL tokens by farming BNB and FDUSD before its pre-market listing on November 19. This is the 61st project launched on Binance Launchpool.

USUAL is a decentralized fiat stablecoin issuer designed to enhance Binance’s token ecosystem. With a maximum token supply of 4 billion USUAL, the project will allocate 300 million USUAL tokens for the launch pool reward. The farming period begins on November 15, and pre-market trading will provide early access for eligible users. Binance has warned users about third-party offers of USUAL tokens before the official release date.

On November 19, 2024, Binance will begin pre-market trading of the Usual (USUAL) token. The exchange aims to give eligible users early access to this new asset. Users can lock BNB and FDUSD to earn USUAL tokens during the farming period on Binance Launchpool.

Tokenomics and Safety

Of the total supply of 4 billion USUAL, Binance has allocated 300 million for farming rewards, divided between BNB and FDUSD. The maximum holding cap per user is 40,000 USUAL.

Read also: Binance Caught in FTX Crossfire: US Department of Justice to Seize $16 Million in Crypto

Apart from that, USUAL operates on the Ethereum network, with a circulating supply of nearly 12.37% upon its official listing. Pre-market trading of the USUAL/USDT pair is expected to generate huge interest, and Binance has urged users to avoid unofficial token offers.

Further details on the token’s full spot listing will be revealed post-pre-market launch. Overall, Binance’s USUAL launch offers exclusive pre-market access, allowing users an early entry into this promising token.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.