- Binance Spot trading for ONDO, BIGTIME, and VIRTUAL began April 11 at 14:00 UTC
- Tokens will carry Seed Tags due to higher volatility and project risk
- Purchase function ends on Binance Alpha after Spot listing; users must pass quizzes to trade
Global crypto exchange Binance opened spot trading for ONDO, BIGTIME, and VIRTUAL today, April 11, at 14:00 UTC.
This action moves the tokens from Binance Alpha to the main Spot Market, though “Seed Tags” will be attached reflecting their newer status and associated risk factors.
When Can You Trade ONDO, BIGTIME, VIRTUAL?
The announcement confirms these pairs open for trading: ONDO/USDT, ONDO/USDC, BIGTIME/USDT, BIGTIME/USDC, VIRTUAL/USDT, and VIRTUAL/USDC. In addition, users can start depositing ONDO, BIGTIME, and VIRTUAL now. However, withdrawals will start tomorrow April 12th at 14:00 (UTC).
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From Alpha to Spot: How the Binance Listing Works
Once spot trading begins, buying ONDO, BIGTIME, or VIRTUAL via Binance Alpha stops. However, the sell function on Alpha will remain active, allowing holders to manage existing positions.
Meanwhile, users will also be able to view token balances in their Alpha Accounts and transfer them to Spot Accounts to continue trading on the Spot platform.
For context, Binance Alpha acts offers early access to certain tokens before a full listing on Binance Spot. When a token moves to Spot, it leaves the Alpha section.
Will Trading Bots & Copy Trading Support the New Pairs?
Binance will turn on Spot Algo Orders for ONDO, BIGTIME, and VIRTUAL at the time of listing. Trading Bots and Spot Copy Trading functionality for the pairs will be rolled out within 24 hours of the listing.
For users who operate Spot Copy Trading portfolios, the new pairs can be included by adjusting the [Personal Pair Preference] settings.
Why Do ONDO, BIGTIME, VIRTUAL Carry Binance’s ‘Seed Tag’ Warning?
All three tokens—ONDO, BIGTIME, and VIRTUAL—list with Binance’s Seed Tag. This label marks newer projects that might see large price swings, pointing out the need for extra caution and good risk handling when trading these coins.
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To access trading for Seed Tag tokens, users must complete a risk awareness quiz every 90 days and accept Binance’s Terms of Use. This rule covers both Spot and Margin platforms. Seed Tags and related risk banners will be visible on the corresponding trading pages and the Markets Overview section.
Binance warns users that trading these tokens may carry higher-than-normal risk due to their recent market entry and price unpredictability. It encourages users to conduct thorough research and apply proper risk management strategies.
How Were These Tokens Chosen for Binance Spot Listing?
Notably, these three tokens selected in this batch of Binance’s “Vote to List” campaign were chosen after multiple factors were evaluated. These included trading demand on Binance Futures and Binance Alpha, community voting results after filtering for spam, historical token performance, and detailed fundamental analysis.
Additional considerations, such as compliance checks, risk assessments, and tokenomics stability, were also part of the selection criteria. While these tokens advanced to listing, others remain eligible for future consideration based on ongoing performance reviews and due diligence.
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