- Binance said it will list Ordinals (ORDI) today with three new spot trading pairs.
- Users can start depositing their ORDI tokens, but withdrawals will commence tomorrow.
- Data from CoinMarketCap shows ORDI surged over 50% following the announcement.
Crypto exchange Binance announced today the listing of the Ordinals (ORDI) token on its platform. With the development, Binance joins a growing list of crypto trading platforms to have listed the token.
Notably, the crypto exchange disclosed in the announcement it will list the token with new spot trading pairs ORDI/BTC, ORDI/USDT/, and ORDI/TRY. The crypto exchange said it will open trading for these pairs today at 10:00 (UTC).
According to Binance, users can start depositing ORDI before trading activities start on the platform. However, the crypto exchange said ORDI withdrawal won’t open until November 8, at 06:30 (UTC). Furthermore, the crypto exchange said the first 1000 users to deposit a minimum of 72 ORDI will qualify for some rewards.
Following the announcement, ORDI price recorded a significant surge in its price, with crypto investors trooping in. Data from CoinMarketCap shows the token, which had remained relatively flat, shot from $7.4 to an impressive $11.09 at the time of press.
On the weekly price chart, the token has recorded a staggering 121% increase in its value. On the broader four-week chart, the token is up 215% after rising from lows of around $3 per token.
Similarly, trade volumes have picked up since the Binance announcement. Moreover, in the past 24 hours, the token has registered over $100 million—a 171% increase in its trade volume. At present, ORDI has a market cap of $232 million, which places it as the 244th-ranked cryptocurrency network in the world.
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