Binance, a leading cryptocurrency exchange, has announced the listing of three new tokens on its platform: AIXBT by Virtuals (AIXBT), ChainGPT (CGPT), and Cookie DAO (COOKIE). Commencing on January 10, 2025, at 13:00 UTC, these tokens will be available for trading on Binance. Users can begin depositing AIXBT, CGPT, and COOKIE in preparation for trading activities. Withdrawals will open on January 11, 2024, at 13:00 UTC.
This new listing also includes the application of the “Seed Tag” to AIXBT, CGPT, and COOKIE. This tag is used to identify innovative projects that come with a higher potential for price volatility. To trade these tokens on Binance Spot and/or Binance Margin platforms, users will need to pass a risk awareness quiz every 90 days. The quiz is designed to ensure that users fully understand the risks involved with trading tokens marked with the Seed Tag. A risk warning banner will also be displayed on Binance trading pages for tokens with the Seed Tag.
The new tokens will be available for trading in the following spot pairs: AIXBT/USDC, AIXBT/USDT, CGPT/USDC, CGPT/USDT, COOKIE/USDC, and COOKIE/USDT. Binance users can now start depositing AIXBT, CGPT, and COOKIE to their accounts. Spot algorithmic orders will also be enabled for these pairs at the time of listing. Trading bots, along with spot copy trading, will be accessible within 24 hours of the tokens being listed.
For those using Spot Copy Trading portfolios, the new trading pairs can be included by adjusting settings in the Personal Pair Preference section. The withdrawal open time mentioned is an estimated reference; users can check the actual status of withdrawals on the Binance withdrawal page.
These newly listed tokens each serve a distinct function within the cryptocurrency ecosystem. AIXBT by Virtuals is a market intelligence platform that provides insights and analytics for cryptocurrency traders. ChainGPT (CGPT) is a Web3 AI infrastructure designed to power decentralized applications with artificial intelligence capabilities. Finally, Cookie DAO (COOKIE) is an index and data layer for AI agents, enabling developers to access decentralized data for various applications.
Given their newness and innovative nature, these tokens are expected to face a high level of volatility. The risk associated with these tokens is not only reflected in their market performance but also in the complexity and ambition of their underlying projects.
As with all Binance trading activities, some geographical restrictions apply. Users residing in certain regions will not be able to trade AIXBT, CGPT, and COOKIE tokens. Currently, residents of countries including the United States, Canada, Cuba, Iran, North Korea, Syria, and parts of Ukraine are restricted from trading these tokens. Binance continues to monitor regulatory changes and may adjust the list of restricted regions periodically based on evolving laws and regulations.
While AIXBT, CGPT, and COOKIE offer interesting opportunities within the cryptocurrency space, their high-risk nature makes them unsuitable for all investors. As Binance users begin trading these tokens, the application of the Seed Tag serves as a reminder of the volatility that may lie ahead. As always, users are advised to proceed with caution and ensure they understand the risks involved before investing in these new assets.
