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Binance Lists Trump Family Crypto Token as First Major Exchange

Binance just made headlines by becoming the first big crypto exchange to list a pretty controversial token. World Liberty Financial, or WLFI as it’s called, is connected to the Trump family and it’s finally going to be available for regular trading starting Monday afternoon.

This is actually a pretty big deal because until now, these tokens couldn’t be transferred at all. The project kept them locked up during the presale phase to stay compliant with regulations, but now Binance is opening the floodgates. Users can already deposit their tokens, and withdrawals will start on Tuesday.

Binance isn’t taking this lightly though – they’re slapping a “seed tag” on WLFI, which is basically their way of saying “hey, this is risky stuff, be careful.” Anyone wanting to trade it has to take quizzes about volatility and risk first. The token will work on three different blockchains at once – Ethereum, Binance Smart Chain, and Solana.

Things got interesting last week when futures trading of the WLFI token started on another platform called Hyperliquid. Traders immediately started betting against the token, and its value dropped from $44 billion to $24 billion in just hours. Now with Binance offering the real deal, we’ll see what actually happens to the price when people can buy and sell the actual tokens.

Conclusion

WLFI’s transition from non-transferable presale token to full trading marks a significant milestone, though early futures activity suggests market skepticism about its valuation.

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