Binance has added the 47th project, Portal (PORTAL), to its Launchpool. Participants can farm PORTAL by staking BNB and FDUSD, Binance announced on Wednesday. Trading support for the gaming platform is scheduled to begin at the end of the farming period.

According to an announcement released by Binance, farming for PORTAL will start on February 22 at 00:00 UTC, with trading support set for February 29 at 10:00 UTC. The exchange plans to list five spot trading pairs for the token – PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD, and PORTAL/TRY.

Binance also mentioned that it will apply a Seed Tag to PORTAL, cautioning users about potential high volatility when trading opens. Portal previously held a presale for its native token in 2023.

Binance launched its Launchpool platform in September 2020 and has since added projects such as Sui, Mantle, Memecoin, and Pendle.

## FAQ:

### What is Binance Launchpool?
Binance Launchpool is a platform where users can farm new tokens by staking BNB or other cryptocurrencies.

### What is the Seed Tag that Binance plans to apply to PORTAL?
The Seed Tag is a caution attached to new tokens that are expected to be highly volatile when trading begins.

### When did Portal hold a presale for its native token?
Portal held a presale for its native token in 2023.

### Which trading pairs will be listed for PORTAL on Binance?
Binance plans to list five spot trading pairs for PORTAL: PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD, and PORTAL/TRY.