The native token of theDEX aggregator Solana Jupiter makes its debut on Binance today. At the same time, the project airdrop from 1 billion JUP.
This Wednesday morning, Binance announced the imminent listing of Jupiter (JUP) on its platform with the seed tag to warn of high volatility ahead.
The crypto exchange will open trading for the token from decentralized exchange aggregator Solana at 4:30 pm CET. JUP will be listed alongside USDT, FDUSD and TRY pairs. Withdrawals will be permitted one hour after trading opens.
#Binance will list @JupiterExchange $JUP with Seed Tag applied.
👉 https://t.co/lLWFWZix3C pic.twitter.com/fq8aB9g0Nw
– Binance (@binance) January 31, 2024
Other major centralized exchanges such as Bybit and Bitget will also be offering JUP on their services today.
For its airdrop, Jupiter is distributing 1 billion tokens free of charge out of the 1.35 billion issued as part of the initial offering. Nearly one million wallets interacted with Jupiter before early November would be eligible.
According to Messari, JUP’s total offering is 10 billion tokens.
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