Tensor, a Solana-based altcoin, has recently seen a surge in popularity. Naturally, cryptocurrency exchanges are not keeping quiet. Binance, the world’s largest crypto exchange, today listed Tensor’s native token TNSR on spot trading. Binance announced that it will also list TNSR in futures trading. Meanwhile, leading crypto exchange Coinbase is preparing to open the token to spot trading.

Binance to launch TNSR 1-50x U-margin perpetual contracts

Cryptocoin.comOKX and Binance added TNSR to their spot trading lists following its launch. In a recent development, Binance announced that it will launch TNSR 1-50x U-based perpetual contracts today. Binance’s financial management and flash exchange trading platforms launched new Tensor (TNSR) assets. In addition, Binance will launch TNSR on its leverage and fixed trading platforms on April 9, 2024 at 01:00 and April 10, 2024 at 18:30.

Coinbase to list TNSR on spot trades

Cryptocurrency exchange Coinbase announced that it will list Tensor (TNSR). In this context, Coinbase made the following announcement:

Coinbase will add support for Tensor (TNSR) on the Solana network (SPL token). Do not send this asset through other networks, otherwise your funds may be lost. Transfers for this asset are available on Coinbase and CoinbaseExch in regions where trading is supported.

The exchange stated that trading will start later today if liquidity conditions are met. It also noted that it will gradually launch trading on TNSR-USD trading pairs once there is sufficient supply of this asset. Coinbase’s decision to list Tensor shows the growing interest in Solana-based altcoins and the growing recognition of their value in the cryptocurrency market.

Binance lists Tensor (TNSR) on spot

According to Binance, the exchange has listed the TNSR token. The exchange said that trading will begin on certain spot trading pairs starting at 18:30 on April 8. These trading pairs will be TNSR/BTC, TNSR/USDT, TNSR/FDUSD and TNSR/TRY. Notably, users can now deposit TNSR to prepare for trading on Binance. However, withdrawals for the same transaction will begin on April 9 at 18:30 PT.

This announcement follows the listing plans of CEX OKX and KuCoin. Thus, it immediately fueled market optimism for the TNSR token. Meanwhile, Binance has set the listing fee at 0 BNB. Thus, TNSR underlined its efforts to help the listing process. On the other hand, Binance also applied the seed tag next to the token, signifying its highly volatile nature.

OKX and KuCoin list TNSR

OKX, another famous crypto exchange, also announced the listing of the TNSR/USDT spot trading pair on its platform. Similarly, KuCoin, another well-known crypto exchange, added support for TNSR on its platform.