🚀 FOGO Listing on Binance
Binance has officially started the Pre-Market Trading phase for FOGO. This allows users to trade the token before the official Spot listing.
Trading Pair: $FOGO USDT (Perpetual Contract)
Launch Date: January 10, 2026
Launch Time (India/IST): 7:30 PM IST (which was 14:00 UTC)
Leverage: Up to 5x
Asset Type: Fogo (FOGO) - A high-performance Layer 1 (L1) utilizing the Solana Virtual Machine (SVM).
Note on Spot Listing: While the Pre-Market Futures are live, Binance usually transitions these to the Spot Market once sufficient liquidity and price stability are reached. Keep a close eye on the "New Listing" tab on your Binance app over the next few days for the official Spot pairing (FOGO/USDT).
🪂 FOGO Airdrop Details
If you participated in the Fogo Testnet, you might be eligible for the airdrop rewards as the project moves toward its mainnet phase.
Eligibility: Typically based on Testnet participation, completing tasks on their official portal, or holding specific partner tokens.
How to Claim: 1. Go to the official $FOGO project website (ensure it is the verified link from their Twitter/X).
2. Connect your SVM-compatible wallet (like Phantom or Solflare).
3. Check your "Allocation" and follow the on-screen steps to claim.Indian Context: Many Indian crypto influencers have been sharing tutorials on the Fogo Testnet. If you followed those steps and used the Faucet to claim test tokens, you should check your wallet status immediately.
💡 Quick Tips for Vishal Bro:
Avoid Scams: Many fake "$FOGO Airdrop" links circulate on Telegram. Only use links from the official Binance announcement or the official Fogo Twitter handle.
Volatility: Pre-market tokens are extremely volatile. Since the leverage is capped at 5x, Binance is trying to manage the risk, but be careful with your entry.
Taxes: Remember that in India, any income from airdrops or crypto trading is taxed at 30% (plus 4% cess) and 1% TDS applies on VDA transfers.
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