Binance will list Synapse (SYN) in its Innovation Zone, as announced on the official Binance Twitter on Wednesday, February 22nd.
Two new spot trading pairs will become available:
- SYN/USDT
- SYN/BTC
SYN deposits are already available. Spot trading will become available at 2023-02-22 10:30 and withdrawals will be enabled at 2023-02-23 10:30 (UTC).
SYN will also be available as a borrowable asset with the new Isolated Margin Pair: SYN/USDT.
Synapse provides bridges, stableswap, and cross-chain messaging protocol in a decentralized cross-chain infrastructure project. In fact, Synapse’s messaging contracts can be deployed across any blockchain, according to their website.
Binance reviews point out that the major exchange is always on the front line of new products and digital assets. The Binance Innovation Zone lists new promising tokens and projects. They tend to have a higher degree of volatility.