- Upbit launches Solayer (LAYER) trading pairs in KRW, BTC, and USDT on February 11.
- Binance offers LAYER airdrops to BNB holders who subscribe to Simple Earn products.
- Solayer (LAYER) supports Solana’s blockchain with a 1 billion total token supply.
Upbit has announced plans to list Solayer (LAYER), a Solana-powered token, on its global digital asset exchange. The exchange enables trading in LAYER through the KRW monetary pair, BTC digital token pair, and USDT stablecoin pair. LAYER deposits will open on February 11 at 21:00 (UTC+9), while trading will begin once sufficient liquidity is established.
Solayer (LAYER) runs on the Solana blockchain. Upbit will enable trading once liquidity stabilizes to ensure a secure trading environment. LAYER deposits open on February 11, but Upbit will announce the exact trading start time later.
Deposit and Trading Restrictions
Upbit has implemented conditional rules that apply to LAYER deposits and trading transactions. The platform will enforce smooth trading conditions, which may lead users to encounter several short-lived limitations. After trading pairs activate, only buy order placements are permitted for a five-minute period. For the first hour after trading begins, only limit orders will be allowed, while market orders and other order types will be disabled.
Users should note that deposits are only supported via the Solana network (LAYER-Solana). Deposits made through other networks may be delayed or not processed. The exchange has pointed out that users must verify network information before making their deposits so transactions can run without issues.
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Binance Introduces Solayer (LAYER) HODLer Airdrops
Binance launched Solayer (LAYER) in its HODLer Airdrops initiative, which grants BNB subscribers extra tokens to participate in Simple Earn products. Users who subscribed their BNB between February 1 and February 5, 2025, qualified for LAYER token distributions, which will take place one hour before trading begins on Binance on February 11, 2025.
The HODLer Airdrops program offers Binance users a unique opportunity to earn additional tokens based on historical snapshots of their BNB balances. By staking BNB in Simple Earn, users can claim a share of the 30 million LAYER tokens allocated for rewards. This innovative approach provides a passive earning opportunity while reinforcing user engagement with Binance’s diverse service offerings.
