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Cryptocurrency News Articles
Binance Adds New Margin Pairs and Loans Assets While Delisting Some Spot Pairs
Jul 24, 2024 at 04:15 pm
Binance continues to add new assets to its platform and delist existing assets to offer greater diversity and flexibility to its users.
Binance, a leading cryptocurrency exchange, is making significant changes to its platform to offer more options to its investors. In this context, the exchange has recently added new assets and offered new cryptocurrencies to borrow in the Loans service. Additionally, some trading pairs will be removed from spot transactions.
Here are the details of the new assets and changes:
Binance adds new margin pairs and Loans assets
Binance continues to add new assets to its platform and delist existing assets to offer greater diversity and flexibility to its users. Binance added new USDC trading pairs to Margin, Cross and Isolated Margin. In this way, users will have more options to diversify their portfolios and apply different trading strategies. The new trading pairs added are as follows:
ATOM-USDC
SAND-USDC
PEOPLE-USDC
PEOPLE-USDT
PEOPLE-BUSD
PEOPLE-BNB
PEOPLE-BTC
PEOPLE-ETH
PEOPLE-XRP
PEOPLE-DOT
PEOPLE-LTC
PEOPLE-UNI
PEOPLE-LINK
PEOPLE-MATIC
PEOPLE-TRX
PEOPLE-SHIB
PEOPLE-DOGE
PEOPLE-SOL
PEOPLE-ADA
PEOPLE-ATOM
PEOPLE-SAND
On the other hand, the exchange added new borrowing assets to Binance Loans (Flexible Rate) and VIP Loan. In this way, users will have more options to finance their investments. The new borrowing assets (loans) added are as follows:
Binance Loans (Flexible Rate): GMT, CFX,PEOPLE, SAND
VIP Loan: GMT, CFX,PEOPLE, SAND, BAL
Some spot pairs get delisted
Finally, Binance will remove 3 trading pairs for Avalanche (AVAX), Polygon (MATIC), and Voxies (VOXEL) from spot trading on July 26, 2024. Binance said users can continue to trade these assets in other trading pairs available on the platform. Binance recommended that investors stop bot services as soon as possible to prevent potential losses.
The trading pairs to be removed are as follows:
AVAX/TRY
MATIC/TRY
VOXEL/TRY
These changes made by Binance on its platform give clues about the cryptocurrency world. Because these developments are an indicator of the dynamic structure of the field. In particular, investors can diversify their portfolios and apply different investment strategies by following such developments. Binance continues to be an attractive platform for cryptocurrency investors with the wide range of assets and advanced platform features it offers to its users. Follow Kriptokoin.com to be informed about the latest developments in the cryptocurrency world and changes on Binance’s platform!
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