Binance is set to list Toncoin and open trading for four spot pairs at 10 a.m. UTC on Thursday.

The new spot trading pairs are TON/BTC, TON/USDT, TON/FDUSD and TON/TRY, according to an announcement by the crypto exchange. 

Users can deposit TON to Binance ahead of the listing and withdrawals will open at 10 a.m. UTC on Friday, the firm said — adding that the TON listing fee was 0 BNB.

A seed tag will be applied to TON, meaning users must pass quizzes every 90 days on the Binance spot platform to gain access to trading the tokens. The quizzes are designed to ensure users are aware of the risks before trading such tokens. “TON is a new listed token that poses a higher than normal risk, and will likely be subject to high price volatility. Users must exercise sufficient risk …