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Binance will list Rocket Pool (RPL) in the Innovation Zone and will open trading for these spot trading pairs at 2023-01-18 08:00 (UTC):
- New Spot Trading Pairs: RPL/BTC, RPL/BUSD and RPL/USDT
- Users can now start depositing RPL in preparation for trading
- Withdrawals for RPL will open at 2023-01-19 08:00 (UTC)
- RPL Listing Fee: 0 BNB
Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.
In addition, Binance will add RPL as a new borrowable asset with these new margin pairs on Isolated Margin, within 48 hours from 2023-01-18 08:00 (UTC):
- New Isolated Margin Pairs: RPL/BUSD, RPL/USDT
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits and rates.
What is Rocket Pool (RPL)?
Rocket Pool is a decentralized ETH liquid staking derivative provider. Rocket Pool pairs smart node operators with stakers to pool ETH for staking, then returns rETH to stakers for maintaining liquidity and control of their staked tokens. RPL is the utility and governance token, and it is required for becoming a node operator.
Reminder:
The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.
Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.
RPL is a relatively new token that poses a higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, have done your own research in regards to RPL’s fundamentals, and fully understand the project before opting to trade the token.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.