Binance, a prominent global cryptocurrency exchange, has recently listed a new gaming blockchain token called Xai (XAI). Operating on the Arbitrum network, Xai aims to revolutionize web3 gaming by enabling in-game item trades without the need for crypto wallets.
Following its inclusion in Binance’s Launchpool, Xai can now be accessed through various trading pairs, such as XAI/BTC and XAI/USDT. This listing enhances the token’s availability in the market, allowing traders to engage with it more easily.
Binance has gone beyond spot trading and integrated Xai into its Futures platform. Traders can now participate in Xai’s Perpetual Contract, which offers up to 50x leverage, enabling them to potentially magnify their trading outcomes. Additionally, Xai has been incorporated into Binance’s Margin service, providing traders with additional tools to interact with this asset.
The governance aspect of Xai empowers token holders to have a say in the future development of the platform. With a maximum token supply of 2.5 billion, Xai aims to democratize the gaming space within the web3 environment, which is a rapidly growing sector as blockchain technology becomes more intertwined with gaming.
As Binance continues to expand its selection of listed tokens, the addition of Xai offers traders more opportunities to diversify their portfolios and engage with the fast-evolving world of web3 gaming. By eliminating the need for crypto wallets in in-game item trades, Xai streamlines the user experience and lowers barriers to entry for both gamers and investors alike.
With the continuous advancements in blockchain technology and the increasing integration of cryptocurrencies into various industries, the listing of Xai on Binance marks another significant step toward mainstream adoption and mass accessibility in the gaming and digital asset space.
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