Binance is the first crypto exchange to list World Liberty Financial (WLFI), the Trump-family-linked decentralized finance (DeFI) project, with trading set to begin Monday afternoon UTC time, according to a recent announcement.

Deposits are already live, while withdrawals are scheduled to begin Tuesday. Binance will apply its “seed tag” designation, a label reserved for innovative but high-risk tokens.

Until now, WLFI tokens were non-transferable by design, a compliance-driven restriction meant to keep the presale tokens from being freely traded, and Binance’s listing marks the shift to allowing transfers and opening markets on a centralized exchange for the first time.

Following the Binance announcement, South Korean exchange Upbit also said it will list WLFI.

On Binance, to access WLFI trading, users must complete quizzes acknowledging heightened volatility and risk disclosures. The token will launch on three blockchains simultaneously: Ethereum, Binance Smart Chain, and Solana.

WLFI futures launched last week on the Hyperliquid decentralized exchange, where traders rushed to short the token, driving its implied valuation down to $24 billion from $44 billion within hours.

The debut on Binance provides the first spot market for WLFI itself, marking a turning point from its non-transferable token phase to full tradability.

Eric Trump and Binance founder Changpeng ‘CZ’ Zhao both recently spoke at BTC Asia in Hong Kong.