Binance announces plans to list two new tokens — Amp (AMP) and PlayDapp (PLA)

By: Ali Raza
Ali Raza
Ali plays a key role in the cryptocurrency news team. He loves travelling during his spare time and enjoys… read more.
on Nov 23, 2021
  • Binance, the largest crypto trading platform by volume, announced the listing of two new tokens.
  • The tokens in question are Amp (AMP) and PlayDapp (PLA), both of which will be listed later today.
  • The platform announced the trading pairs that the tokens will receive, and it invited users to deposit funds.

Binance, the world’s largest crypto exchange by volume, announced earlier today, the 23rd of November, that it will soon list two new tokens on its exchange platform. The tokens in question are PlayDapp (PLA/USD) and Amp (AMP/USD).

According to Binance’s new announcement, each token will get several trading pairs, including AMP/BTC, AMP/BNB, AMP/BUSD, AMP/USDT, PLA/BTC, PLA/BNB, PLA/BUSD, and PLA/USDT.

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The exchange also said that users can already start depositing both tokens as they are waiting for the trading to start. However, withdrawals will not be available until tomorrow, November 24th, starting at 06:00 (UTC).

What are AMP and PLA?

The two tokens that are being listed are actually quite interesting, and Binance likely has high expectations of them. The first one is AMP, which is the native collateral token from the Flexa payment network. Some may know Flexa as a crypto payment system that aims to make it easier for interested merchants to open their doors to the crypto industry.

As for PlayDapp, this is a blockchain gaming platform that aims to make digital assets more accessible to the masses. This particular platform’s plan is to create a portfolio of blockchain games and ensure that they are all interoperable with one another. That way, users would be able to use NFTs and other in-game assets in different games, quickly and simply send them from one to the other.

PLA acts as PlayDapp’s native utility cryptocurrency, where it is used as an incentive for game devs, as well as for enabling transactions within the games. Both tokens will be listed for 0 BNB, according to the announcement.

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