According to the most recent announcement from the largest cryptocurrency exchange Binance, traders can access the token Beefy.Finance (BIFI) in the Innovation Zone of the website. In particular, trading pairs BIFI/BNB and BIFI/BUSD will be available today, March 16, from 9:00 a.m. (UTC).
Beefy.Finance is a token for maximizing yield farming earnings on Binance Smart Chain. The token is native to the platform and is used for staking and governance.
The token currently ranks #251 on CoinMarketCap.com. BeefyFinance is trading at around $2,376 at the time of writing, per CoinMarketCap.com data. Moreover, it has a 24-hour trading volume of $556,606 and a market cap of $181,610,531.
Trading in the Innovation Zone on the Binance platform enables the traders to gain access to the pairs with innovative DeFi tokens. Since these tokens are relatively new, they might have higher price volatility and be riskier to trade, Binance notes. That is why every trader has to answer a brief questionnaire before accessing the Innovation Zone.
For more information about trading in the Innovation Zone and the new trading pairs BIFI/BNB and BIFI/BUSD available today, please consult the announcement on the Binance website.