What You Need to Know:
- Deposits are already live, with withdrawals set to begin on Tuesday.
- Previously, WLFI tokens were non-transferable, a compliance measure restricting presale tokens from being traded freely.
- Users must complete quizzes to engage with WLFI trading, acknowledging elevated volatility and associated risks.
Binance stands as the first crypto platform to list the World Liberty Financial (WLFI) token, associated with the Trump family, with trading commencing on Monday afternoon UTC. This marks a significant transition, allowing the previously restricted tokens to be tradable. The exchange will label WLFI as a “seed tag” token, indicating its innovative but high-risk nature.
Following Binance’s lead, South Korean exchange Upbit has also announced its intention to list the WLFI. To trade WLFI, users will need to fulfill certain requirements, including quizzes about market risks.
WLFI futures recently launched on the Hyperliquid decentralized exchange, sparking swift trading activity that pushed its implied valuation down drastically in mere hours. The Binance listing signifies a major shift from non-transferable tokens to tradable assets and shows the increasing accessibility of the WLFI token.
