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HomeCrypto NewsMarketWorldcoin (WLD) By OpenAI CEO Surges Over $2.5 As Binance, KuCoin, Gate.io and Others List It 

Worldcoin (WLD) By OpenAI CEO Surges Over $2.5 As Binance, KuCoin, Gate.io and Others List It 

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Binance, KuCoin, and Gate.io have added support for Worldcoin’s highly-anticipated token, WLD. 

Several cryptocurrency exchanges have added support for Worldcoin (WLD) following its successful launch in the early hours of today. 

Binance, Gate.io, and KuCoin are among the crypto exchanges that added support for the coin. 

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Binance Lists WLD

According to an announcement today, Binance opened trading for WLD under two pairs- WLD/BTC and WLD/USDT. Despite allowing users to deposit WLD today, Binance said users would be allowed to withdraw the coin starting tomorrow, July 25, 2023. 

Notably, the world’s largest exchange by trading volume said it listed WLD at zero cost. 

WLD Listed on KuCoin

In a similar development, KuCoin also added support for WLD. Users of the leading crypto exchange can spot trade WLD/USDT.  

Like Binance, KuCoin will make WLD withdrawals available from tomorrow. 

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Gate.io Adds Support for WLD

Gate.io is another leading crypto exchange that added support for the Worldcoin ecosystem coin. The exchange opened trading for the coin under the USDT trading pair. 

Aside from Binance, KuCoin, and Gate.io, other prominent cryptocurrency exchanges, like Bybit, Huobi, OKX, and Poloniex, also announced support for WLD. 

WLD Surges 57%

Following top exchanges’ massive support for WLD, the token’s price has surged tremendously. At the time of writing this line, WLD is up 57%, and it is changing hands at $2.61. 

According to data from CoinGecko, WLD surged to a daily high of $3.3 before retracing to $2.6. The newly-launched coin currently has a 24-hour trading volume of $152.6 million. 

Worldcoin Launches Amid Criticism

Notably, WLD is the native token of Worldcoin, a cryptocurrency project created by OpenAI CEO Sam Altman. The token launched today despite mixed reactions from the crypto space and Silicon Valley. 

While some praised the team’s ambitious efforts toward solving income inequality, others described Worldcoin’s token launch as creepy. 

Worldcoin is focused on building a reliable solution for distinguishing between humans and AI online. Furthermore, the project also aims to increase global economic opportunities. 

Interestingly, Worldcoin attracted a whopping $250M in investments from top VCs, including Andreessen Horowitz, Khosla Ventures, and Reid Hoffman. 

With WLD’s launch, developers can now access Worldcoin’s software developer kit (SDK) to create interactive apps and tools using World ID. 

Per the Worldcoin team, the World ID will be a digital passport that can be stored on users’ smartphones. Additionally, Worldcoin also has a gas-free mobile wallet, which went live on May 8. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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