Binance will list two new altcoins in 6 months.

The world's largest cryptocurrency exchange Binance attracted attention with a new announcement. In a statement made on November 13, the listing date for two tokens considered high-risk by cryptocurrency investors, Lorenzo Protocol (BANK) and Meteora (MET), was revealed. These tokens will be launched with a total of six different trading pairs.

Binance stated that investment transactions can be conducted on the BNB Smart Chain (BANK) and Solana (MET) networks starting from 17:00. Withdrawal transactions will be activated on November 14. Investors will be able to trade using the pairs BANK/USDT, BANK/USDC, BANK/TRY, MET/USDT, MET/USDC, and MET/TRY.

Additionally, it was emphasized that investors must undergo a certain risk assessment process to trade with these tokens. These tokens, launched with the Seed Tag label, stand out as assets with high volatility potential. Users who do not pass the risk awareness exam every 90 days will not be allowed to trade.

Lorenzo Protocol is introduced as an asset management platform for institutional investors, while Meteora is described as a solution offering dynamic liquidity tools in the DeFi ecosystem. Binance mentioned that 63 million BANK and 4 million MET will be allocated for the promotion of these tokens and that further details will be announced later.

According to CoinGecko data, the price of BANK showed an increase of more than %100 after the listing, while MET observed a more modest rise. This listing marks Binance's first transaction from the Solana ecosystem in the last 6 months. Investors should exercise caution considering the high volatility and closely monitor developments.