One of the world’s largest cryptocurrency exchanges, Binance, has announced that it will list two new altcoins for spot trading.
Which Altcoins Are Being Listed?
Binance will launch spot trading for Maple Finance (SYRUP) and Kamino Finance (KMNO). The trading pairs will go live on May 6, 2025 at 15:00 UTC.
New Spot Trading Pairs:
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SYRUP/USDT
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SYRUP/USDC
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KMNO/USDT
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KMNO/USDC
Users will be able to deposit SYRUP and KMNO one hour before the listing to prepare for trading. Withdrawals will open on May 7, 2025 at 15:00 UTC.
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Listing Fee: 0 BNB
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Seed Tag: Will be applied
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They Rallied Following the Listing Announcement!
Following the listing news, Maple Finance (SYRUP) surged by approximately 22%, while Kamino Finance (KMNO) recorded a rise of around 23%.
Information for Binance Alpha Users
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SYRUP and KMNO are currently listed on Binance Alpha Market.
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Once spot trading begins, both tokens will be delisted from Alpha, and their trading volume will no longer count towards Alpha Points.
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Users can transfer their SYRUP and KMNO from Alpha Accounts to Spot Accounts one hour after the announcement.
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Even after delisting, users will still be able to view their balances in Alpha Accounts and transfer the assets to Spot Accounts.
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Binance will automatically transfer SYRUP and KMNO from users’ Alpha Accounts to Spot Accounts at 06:00 UTC, one business day after the listing.
What is Maple Finance (SYRUP)?
Maple Finance is an on-chain institutional lending platform offering credit solutions for crypto-native companies.
What is Kamino Finance (KMNO)?
Kamino Finance is a leading lending and liquidity protocol on the Solana blockchain, providing high-yield solutions for users and protocols.
Important Notes
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SYRUP and KMNO are newly listed tokens and may carry higher volatility and risk than other tokens.
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The Seed Tag is applied to innovative projects and requires users to pass a quiz every 90 days to trade them on Binance Spot or Margin.
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These quizzes ensure that users are aware of the risks involved before trading tokens with the Seed Tag.
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A risk warning banner and Seed Tag indicator will appear on the token’s trading page.
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