Binance announces the list of JETTO by token and independent margin pairs
Jito (JTO) listing on Binance. Binance adds JETTO as a loanable asset in the neutral margin category. JTO Spot Trading is scheduled to begin on December 7, 2023 at 16:00 (UTC).
Binance, the leading cryptocurrency exchange, has announced plans to list Jito (JTO), the Jito Network Management token. The announcement brings exciting developments including new spot trading pairs, implemented seed identification and JTO as a loanable asset in neutral margin.
This move comes just days after Coinbase announced the launch of the Gito Foundation, following its previous support for Gito on the Solana network, which is growing to greater recognition on major platforms.
JTO dot trading pairs on Binance
Binance has set the stage for the JTO listing by introducing spot trading pairs: JTO/USDT, JTO/FDUSD and JTO/TRY.
Trading for this pair is scheduled to begin on December 7, 2023, at 16:00 (UTC).
The announcement emphasizes the importance of the Jeto seed token, highlighting its innovative nature and exchangeability compared to other listed tokens.
Traders can deposit JTO now, with withdrawal available on December 8, 2023, at 16:00 (UTC).
To increase trading opportunities, Binance is adding JTO as a loanable asset within a neutral margin framework. A new marginal pair JTO/USDT is set to be introduced in 48 hours from December 7, 2023 at 16:00 (UTC). This move aims to diversify marketing strategies and provide consumers with more options in the independent margin category.
What is Jito (JTO)?
Gito (Jeto) is the management token of the Gito Network, which provides Solana liquid statistics services.
With the open-source Solana Validator client, stakeholders can earn Solana staking rewards and use the advanced MEV software to find Maximum Expenditure Value (MEV) addresses.
In the announcement of the listing, Binance took pains to warn its users about the new nature of JTO, which exposed them to high risks and potential price volatility. The crypto exchange JTO emphasizes the importance of sound risk management practices before engaging in trading activities.
