coindesk.com
Binance is the first crypto exchange to list World Liberty Financial ($WLFI), the Trump-family-linked decentralized finance (DeFI) project, with trading set to begin Monday afternoon UTC time, according to a recent announcement.
Deposits are already live, while withdrawals are scheduled to begin Tuesday. Binance will apply its “seed tag” designation, a label reserved for innovative but high-risk tokens.
Until now, $WLFI tokens were non-transferable by design, a compliance-driven restriction meant to keep the presale tokens from being freely traded, and Binance’s listing marks the shift to allowing transfers and opening markets on a centralized exchange for the first time.
Following the Binance announcement, South Korean exchange Upbit also said it will list $WLFI.
On Binance, to access $WLFI trading, users must complete quizzes acknowledging heightened volatility and risk disclosures. The token will launch on three blockchains simultaneously: Ethereum, Binance Smart Chain, and Solana.
$WLFI futures launched last week on the Hyperliquid decentralized exchange, where traders rushed to short the token, driving its implied valuation down to $24 billion from $44 billion within hours.
The debut on Binance provides the first spot market for $WLFI itself, marking a turning point from its non-transferable token phase to full tradability.
Eric Trump and Binance founder Changpeng 'CZ' Zhao both recently spoke at BTC Asia in Hong Kong.