Tuesday, April 15, 2025

Binance to List WalletConnect Token (WCT) on April 15, 2025

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KEY TAKEAWAYS

  • Binance lists WalletConnect Token (WCT) on its Launchpool, with trading set to begin on April 15, 2025.
  • Users can lock BNB, FDUSD, and USDC to receive WCT airdrops during a four-day farming period starting April 11, 2025.
  • The total supply of WCT is 1 billion, with 40 million allocated for Launchpool rewards and 10 million for a Learn & Earn campaign.
  • Participation in the Launchpool requires KYC completion and is restricted in certain regions, including the United States, Canada, and Australia.

Binance has announced the listing of WalletConnect Token (WCT) as the 67th project on its Launchpool. Trading for WCT is set to commence on April 15, 2025, at 11:00 UTC. The announcement was made here.

WalletConnect is an open-source network designed to connect users with decentralized applications through a secure and interoperable protocol. Binance users will have the opportunity to lock their BNB, FDUSD, and USDC to receive WCT airdrops over a four-day farming period starting April 11, 2025, at 00:00 UTC.

Launchpool and Trading Details

The total token supply for WalletConnect is 1 billion WCT, with 40 million WCT allocated as Launchpool rewards, representing 4% of the total supply. An additional 10 million WCT will be distributed through a Learn & Earn campaign. Upon listing, the initial circulating supply will be 186.2 million WCT, or 18.62% of the total supply.

Binance will offer trading pairs for WCT with USDT, USDC, BNB, FDUSD, and TRY. The Seed Tag will be applied to WCT, and the listing fee is set at zero. The smart contract for WCT operates on the OP Mainnet.

Participation and Eligibility

To participate in the Launchpool, users must complete Binance’s KYC process. The farming period will run from April 11 to April 14, 2025, with rewards distributed hourly. Users can lock their tokens in one of three pools: BNB, FDUSD, or USDC. The BNB pool offers the largest share of rewards, with 34 million WCT available.

Participation is subject to regional restrictions, with users from countries such as the United States, Canada, and Australia, among others, excluded from farming WCT. Binance reserves the right to amend or cancel the announcement at its discretion.


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Sharif
Sharif
Sharif is a seasoned software engineer with a decade of experience in the tech industry, including 8 years in cryptocurrency and blockchain. With deep knowledge of decentralized technologies, Sharif offers insightful analysis and expert commentary on the transformative potential of blockchain. Through CoinsHolder.com, he shares his expertise, making him a respected voice in the cryptocurrency community.

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