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Pump.fun Launches Advanced Trading Terminal to Compete with Binance

Pump.fun aims to outshine Binance with its advanced trading terminal and a native token, offering zero fees for early users and a focus on community rewards.

1 min 25 secOctober 21, 2024

Highlights:

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New trading terminal features advanced tools for users.

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Zero trading fees for the first month to attract traders.

Pump.fun Launches Advanced Trading Terminal to Compete with Binance

Pump.fun, a rapidly emerging memecoin platform built on the Solana blockchain, has unveiled its new trading terminal, Pump Advanced, along with plans for a native token aimed at rewarding early users. Announced during an X-Space session on October 19, these developments are part of Pump.fun's ambitious strategy to surpass established platforms like Binance.

 

 

The Pump Advanced trading terminal is designed for professional traders, featuring advanced tools such as real-time charts, detailed statistics on top holders, and active social threads. This enhanced interface allows users to monitor market movements more effectively. Additionally, the platform integrates with non-custodial wallets through Privy authentication, ensuring a secure trading environment.

 

To attract users, Pump.fun is offering zero trading fees for the first month following the launch of Pump Advanced. This fee-free period is expected to enhance user engagement and liquidity as traders flock to the platform.

 

 

The anticipated native token will serve as a reward mechanism for early adopters, with a portion of the total supply earmarked for airdrops. The team emphasized their commitment to reinvesting all earnings back into the platform to foster growth and sustainability.

 

With approximately 100,000 daily active addresses and over $2 million in revenue generated recently, Pump.fun is positioning itself as a formidable player in the competitive memecoin landscape. As it navigates this dynamic environment, its focus on user rewards and innovative features could redefine user engagement in cryptocurrency trading.

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