Spell Token(SPELL) New Listing on Binance

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Binance will list Spell Token (SPELL) and TerraUSD (UST) and will open trading for SPELL/BTC, SPELL/BUSD, SPELL/USDT, UST/BTC, UST/BUSD, and UST/USDT trading pairs at 2021-12-24 08:00 (UTC).

Users can now start depositing SPELL and UST in preparation for trading
Withdrawals for SPELL and UST will open at 2021-12-25 08:00 (UTC)

Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status on the withdrawal page

What is Spell Token (SPELL)?

Abracadabra is a multichain lending protocol that utilizes interest-bearing tokens as collateral to mint a USD pegged stablecoin - Magic Internet Money (MIM). SPELL is its governance token that can be staked to receive protocol’s revenue.

What is TerraUSD (UST)?

TerraUSD (UST) is a decentralized algorithmic stablecoin of the Terra blockchain. In order to mint 1 TerraUSD, 1 USD worth of the reserve asset, LUNA, must be burned.

SPELL and UST Listing Fee: 0 BNB.

Details:

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

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