Ethena (ENA) is Listed on Binance Across Products: How to Get Your Token

2024/04/07By:

With Ethena’s (ENA) recent inclusion into Binance’s product line, cryptocurrency aficionados now have more accessibility and usage. examining the process of obtaining ENA tokens, taking part in the airdrop, and analyzing the market’s reaction after listing.

 

 

 

Key Points:

 

  • In an effort to increase accessibility, Binance launches Ethena (ENA) on a number of platforms, such as Simple Earn, Convert, Margin, Futures, and Auto-Invest.
  • Discover how to easily obtain ENA tokens and take part in Ethena Labs’ airdrop to guarantee community involvement and uptake.
  • Examine how the market has performed for ENA since it was listed on Binance. You can see how the live price has surged, its market cap has increased, and its dominance in the cryptocurrency space has grown.

 

 

Binance has now added Ethena (ENA) to its extensive range of cryptocurrency offerings, showing both strategic expansion and a dedication to giving users varied options. Integral to Binance’s Simple Earn, Convert, Margin, Futures, and Auto-Invest platforms are ENA’s inclusions.

 

Now available on Binance Simple Earn and Binance Convert, ENA is easily accessible to users. Future integrations with Binance Margin, Binance Futures, and Binance Auto-Invest show that Binance is trying to accommodate different investment strategies and preferences.

 



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ETHENA Labs Commences an Airdrop for Ethena (ENA) Tokens; Ethena Labs Claims ENA Tokens

 

 

Users looking to participate with this growing asset will find the procedure of claiming Ethena (ENA) tokens on Binance to be uncomplicated. Access to ENA will be available beginning on April 4th through Binance Simple Earn’s ENA Flexible Products subscription or Binance Auto-Invest’s supported payment choices.

 

 

Trading options involving ENA versus popular cryptocurrencies like BTC and USDT are available to traders on Binance Convert, and there are no trading fees involved. In addition, ENA will soon be available for borrowing on Binance Margin.

 

Ethena Labs, a leading decentralized finance (DeFi) technology, has launched an airdrop for its governance token, ENA, to encourage more participation from the community and increase acceptance. In a recent announcement on X, Ethena Labs invited USDe holders to claim 750 million ENA tokens, which is 5% of the entire supply, as part of an invitation. Users are strongly encouraged to claim their tokens strictly through the official link supplied by Ethena Labs, since security and legitimacy are of utmost significance.

 

 

 


 

 

 

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Ethena (ENA) Market Performance After Binance Listing

 

 

Market activity for Ethena (ENA) has increased significantly since the token was listed on Binance, suggesting that investors are becoming more interested in and confident in the token’s potential. After going public, ENA’s live price skyrocketed, going from $0.300 to more than $0.840. But right now it’s selling for $0.597.

 

The tremendous value proposition inherent in the ENA token at its maximum supply is highlighted by its present market valuation of $841.63 million, which rises to $8.86 billion when fully diluted. The fact that ENA’s market domination has increased by 0.0337% further demonstrates the company’s expanding sphere of influence. The token has plenty of space to grow and be used, with a maximum supply of 15 billion ENA and a circulating supply of 1.43 billion ENA. It is a significant actor in the evolving cryptocurrency ecosystem.

 

 

 


 

 

How to Trade Crypto Futures on BTCC?

 

To trade with BTCC, please follow these general steps:

 

Register an account: Visit the BTCC website and create an account. Provide the requested information, complete the verification procedure, and implement any necessary security measures, such as two-factor authentication (2FA).

 

Deposit Funds: After you’ve created your BTCC account, you’ll need to fund it. BTCC may accept numerous deposit methods, including bank transfers, cryptocurrency deposits, and other payment choices. Select the way that works best for you and follow the instructions to deposit funds into your account.

Choose a Trading Pair: BTCC offers a variety of cryptocurrency trading pairings. Choose which trading pair you want to trade. For example, if you wish to exchange Bitcoin for Ethereum, use the BTC/ETH trading pair.

 

Place an Order: BTCC normally offers choices for market and limit orders. A market order allows you to buy or sell cryptocurrencies at the current market price. With a limit order, you specify the price at which you wish to purchase or sell, and the trade is executed when the market hits that price.

 

Monitor and Manage Trades: After placing your order, you can track the status of your trade using the BTCC interface. You may see open orders, filled orders, and your trading history. You can also use stop-loss or take-profit orders to limit your risk or automate specific components of your trading plan.

 

Withdraw Funds: If you want to take your funds off the exchange, you can do so by withdrawing them from your BTCC account. To initiate a withdrawal, follow the instructions provided and provide the relevant information, such as the destination wallet address.

 

Stay Informed: Keep track of market movements, news, and other variables that may affect cryptocurrency values. BTCC may offer real-time market data, trading charts, and analysis tools to assist you make informed trading decisions. Staying educated can help you optimize your trading tactics.

 

 

BTCC is one of the world’s oldest and most popular bitcoin exchanges. Bobby Lee created it in 2011, with its headquarters initially located in Shanghai, China. BTCC contributed significantly to the early development of the Bitcoin and cryptocurrency ecosystems.

 

BTCC initially concentrated on Bitcoin trading, but it gradually expanded its capabilities to cover other cryptocurrencies as well. The exchange allows users to purchase, sell, and trade numerous cryptocurrencies, including as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), among others.

 

BTCC has received recognition for its strong trading platform, liquidity, and security precautions. The exchange provides features such as spot trading, margin trading, and futures trading to accommodate various types of traders and investors. It gives consumers real-time access to market data, order books, and trading charts, allowing them to make informed trading decisions.

 

BTCC has undergone various alterations throughout the years in order to adapt to the changing regulatory landscape. It expanded its activities abroad, opening offices in other countries to serve a global customer base. However, cryptocurrency legislation and availability may differ based on jurisdiction.

 

As the cryptocurrency market evolves, BTCC remains a significant player in the industry, providing a variety of services and contributing to the growth and development of the crypto ecosystem.

 



BTCC Pros

 

  • Established Reputation: BTCC is one of the oldest and most well-known cryptocurrency exchanges, having been operational since 2011. Its history in the market enhances its credibility and trustworthiness.

 

  • A Diverse Selection of Cryptocurrencies: BTCC allows customers to access and exchange a wide range of digital assets.

 

  • Margin and Futures Trading: BTCC provides margin and futures trading options, allowing customers to expand their trading holdings and potentially increase their profits.

 

  • Proficient Trading Instruments: such as real-time market data, trading charts, and technical analysis indicators. These tools can help users make informed trading decisions.

 

  • Security Measures: BTCC values security and uses a variety of safeguards to secure customer payments and information. This includes two-factor authentication (2FA) and cold storage of cryptocurrency assets.

 




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If the deposit is 500 USDT and above, you will get a 20-trading fund. Furthermore, if you make a cumulative deposit of 2000 USDT within 30 days of opening an account, you will get a 30 USDT trading fund. Trading within 7 days of signing up will also earn you a 20 USDT coupon.

 

 

 

  • BTCC Futures Trading Bonus

 

You can earn bonuses from trading futures on BTCC within a stipulated time.

 

  • A cumulative future trade of 200,000 USDT and above will earn you a 10 USDT trading fund and a 200 USDT coupon.
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