Recently, Binance has announced the listing of Jito (JTO) and the commencement of spot trading at 23:30 on December 7, 2023.
The spot trading pairs for JTO will include JTO/USDT, JTO/FDUSD, and JTO/TRY. Users can now start depositing JTO in preparation for trading. The withdrawal feature for JTO will be opened at 23:30 on December 8, 2023.
In addition, Binance will also add JTO as a lending asset with a lending pair on Isolated Margin within 48 hours starting from 23:30 on December 7, 2023 (Vietnam time). The Isolated Margin Pair will be JTO/USDT.
Jito (JTO) is a liquid staking protocol on the Solana network, inheriting successes from Marinade Finance. Currently, users can stake SOL and receive liquid staking tokens called JITOSOL, with various use cases to maximize profits. Jito also integrates a MEV reward mechanism to support users in increasing their profits when staking in the protocol.
In addition to Binance, JTO will also be listed on Coinbase, and the project has announced an airdrop at the time of the listing.