- As the 2 tier-1 listing launch day for WadzPay (WTK) nears, WTK holders get anxious.
- Many believe that Binance is the only likely option for a WTK listing.
- The AED rail option makes Binance an easy choice to keep WadzPay’s UAE clients happy.
The crypto market continues to paint a beautiful bullish green across the charts as Bitcoin (BTC) and altcoins continue to climb steadily upward. In particular, WadzPay (WTK) is just as bullish if not more.
Presently, according to CoinMarketCap analytics, WTK is up by almost 10% and is showing steady signs of a greater upward climb in the coming weeks. A big reason for explosive expectations for WTK is the fact that the asset is expecting 2 tier-1 listings to launch in this month of July.
Immediately after the announcement last month, the price of WTK pumped by 60% and on July 1st, so high is the bullish sentiment amongst its community, that WTK once again pumped, this time by 25%.
Currently, WTK holders are debating over which 2 tier-1 crypto exchanges will qualify to list WTK. So far the verdict is for the top two lies between OKX and Binance. While many argue that Binance is a long shot, certain users explain why a Binance listing is actually the most likely.
Another confirmation from Amit Malik’s yesterday interview that Dubai Duty-Free will go live within a couple months; meaning that VARA-licensed exchange with instant AED banking rails will be necessary. https://t.co/7b5nUXGljf
— Yohan (@JustYohan) July 16, 2024
For instance, as we can see from the post above, WadzPay (WTK) holder explains why he is convinced that Binance will be one of the tier-1 listings for WTK this month. A major factor has to do with the fact that WadzPay already has a VARA license and big clients in the UAE.
So far, Binance is one of the only top tier crypto exchanges that has a VARA licence just like WTK and even offers a rail option for AED. This is crucial for WadzPay clients in the UAE that will need the AED rail option.
The same user goes on to highlight an interview between the project’s representative Amit Malik where he mentions Dubai Duty Free will go live along with the WPC. Therefore, Dubai Duty Free will use WadzPay’ Pay with WTK option and will need an AED rail option just like any other Dubai retailer who will adopt this WTK payment channel.
