Binance Lists Tensor (TNSR) with Unique Seed Tag Functionality

Binance, the leading cryptocurrency exchange, is thrilled to announce the addition of Tensor (TNSR) to its platform. Trading will commence on April 8, 2024, at 15:30 UTC, with several exciting pairs: TNSR/BTC, TNSR/USDT, TNSR/FDUSD, and TNSR/TRY. Users can now deposit TNSR in preparation for trading activities. Withdrawals are set to open on April 9, 2024, at 15:30 UTC. It’s noteworthy that the listing of TNSR is fee-free, making it accessible for all users.

Explore the New Trading Horizon: Tensor (TNSR)

Tensor (TNSR) emerges as a cutting-edge NFT marketplace built on the Solana blockchain. It offers a unique mix of art, collectibility, and digital innovation. With the Seed Tag applied to TNSR listings, Binance highlights the token’s potential for innovation. At the same time, it acknowledges the risks and volatility associated with new market entries. The Seed Tag is a marker for tokens that could experience higher volatility, promoting informed trading decisions.

Trading Safely with the Seed Tag Initiative

To foster a safe trading environment, Binance has introduced the Seed Tag system. This system applies to tokens like TNSR that present a higher risk profile. Traders looking to access these tokens must pass quizzes every 90 days on both the Binance Spot and Binance Margin platforms. They must also agree to the Terms of Use. This educational approach aims to raise awareness about the risks involved in trading newer tokens. Information about the Seed Tag is available on the Binance Spot and Binance Margin trading pages, as well as the Markets Overview section. A risk warning banner will also be displayed for all tokens with the Seed Tag, ensuring enhanced visibility.

Important Notices for Traders

• The TRY currency in the TNSR/TRY trading pair exclusively refers to the Turkish Lira. It is not linked to any digital currencies.
• The announced time for withdrawals to open is an estimate and might change. Users should check the withdrawal page for real-time updates.
• Although translated versions of this announcement are available, discrepancies might occur. For the most accurate and up-to-date information, users should refer to the original English version.
• Trading in TNSR involves a higher degree of risk and volatility. Binance urges all users to conduct thorough research and understand the project’s fundamentals before trading. They should also practice prudent risk management.

With the introduction of TNSR and the innovative Seed Tag, Binance continues to broaden its trading ecosystem. It offers users new opportunities while emphasizing the importance of informed trading and risk awareness.