Anticipated Listing of WadzPay on Binance Supported by WTK Holders, AED Rail Integration Vital
As the scheduled tier-1 listing launch for WadzPay (WTK) approaches, holders of the cryptocurrency are eagerly awaiting the outcome. Amongst the community, there is a prevailing belief that Binance is the most probable option for the listing. Significantly, the inclusion of an AED rail service makes Binance an attractive choice to cater to WadzPay’s clientele in the United Arab Emirates.
The cryptocurrency market continues to exhibit a bullish trend, with both Bitcoin (BTC) and altcoins displaying a steady upward trajectory. Specifically, WadzPay (WTK) boasts an equally positive outlook if not more so. Currently, according to the analytics provided by CoinMarketCap, WTK has experienced an almost 10% increase and exhibits promising signs of further growth in the upcoming weeks. The high expectations surrounding WTK arise from the fact that the asset is set to be listed on two tier-1 exchanges this month of July.
Following the announcement last month, the price of WTK surged by 60%. On July 1st, the bullish sentiment within the WTK community was so strong that the token’s price once again increased, this time by 25%. Presently, WTK holders are engaged in debates concerning which two tier-1 crypto exchanges are likely to be chosen for the listing. The most likely contenders seem to be OKX and Binance. While some argue that Binance is an unlikely option, certain users provide reasoning as to why a Binance listing is, in fact, the most probable scenario.
One WadzPay (WTK) holder explains in a post that they firmly believe Binance will be one of the two tier-1 exchanges selected to list WTK this month. Their conviction is based on several factors, including WadzPay’s possession of a VARA license and its association with prominent clients in the UAE. Notably, Binance is one of the few top-tier crypto exchanges that holds a VARA license, which aligns with WTK’s licensing status. Additionally, Binance offers an AED rail option, a crucial feature for WadzPay clients in the UAE who require it for seamless transactions.
The same user highlights an interview conducted with Amit Malik, a representative of the WadzPay project, in which Malik mentions that Dubai Duty Free will go live simultaneously with WPC. Consequently, Dubai Duty Free will employ WadzPay’s Pay with WTK feature and will rely on an AED rail option, much like any other retailer in Dubai that adopts WTK as a payment channel.
All in all, the prevailing sentiment among WTK holders is that a listing on Binance is highly probable, primarily due to the compatibility between WadzPay’s VARA license and Binance’s AED rail integration, essential for satisfying the needs of clients in the UAE.