Binance Adds New Trading Pairs to Meet Market Trends

Binance Adds New Trading Pairs to Meet Market Trends

In Summary

  • Binance introduces new trading pairs: DOGS/BRL, DOGS/USDC, RARE/BRL, RARE/USDC.
  • Trading bots enabled for select spot pairs.
  • Discounted fees for USDC trading pairs.
  • Restrictions apply to regions like the US, Canada, and more.


Wednesday, September 4, 2024 – Binance announced on August 27, 2024, that its addition of four new trading pairs and bot services to its platform while imposing restrictions for several regions.

Binance will enlist the new trading pairs of DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC in Binance Spot in response to the high demand for crypto assets globally.

Additionally, the above four new pairs will be applicable for spot Algo transactions.

Binance will enable trading bot services for the Spot Grid and Spot DCA pairs: 1000SATS/TRY, BONK/TRY, ETH/EUR, PEPE/TRY, SOL/EUR, USDC/USDT.

A discounted fee will be offered for all existing and new USDC spot and margin trading pairs until Binance further notices.

It is essential for the users to verify their accounts prior to entering the trading process of new pairs, Binance alerts.

“Currently, users residing in the following countries or regions will not be able to trade the above-mentioned spot trading pair(s): Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, the United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government-controlled areas of Ukraine,” Binance said. 1

It is reported that restricted regions may periodically vary depending on legal requirements.

Sources
  1. binance.com: https://www.binance.com/en/support/announcement/notice-on-new-trading-pairs-trading-bots-services-on-binance-spot-2024-08-28-4d161380c70044f98a24bd23ae840b9c []
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