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Cryptocurrency News Articles
Binance Expands Its List of Trading Choices with the Introduction of Three New Trading Pairs – EIGEN/TRY, PEPE/FDUSD, and SUI/FDUSD
Oct 11, 2024 at 08:23 pm
Binance has announced that it is expanding its list of trading choices with the introduction of three new trading pairs – EIGEN/TRY, PEPE/FDUSD
Binance is adding three new trading pairs to its platform – EIGEN/TRY, PEPE/FDUSD, and SUI/FDUSD. These new additions will be available on Binance Spot and Trading Bots services, in a bid to enhance users’ trading experience, as per an announcement on October 11.
The launch is set to take place at 08:00 (UTC), exactly nine days after Binance launched new spot trading pairs for NEIRO/BRL and NEIRO/EUR.
Binance Trading Bots Services and Eligibility – More Details
As a reminder, Binance’s Trading Bots execute trades on behalf of users based on predefined criteria and strategies, and traders have shown increasing preference for it due to its ability to eliminate emotional decision-making and executing trades at any time of the day.
It is important to note that the trading of the newly added pairs will be subjected to the eligibility of users based on their location or region of residence.
As it stands, users residing in the following countries or regions will not be able to trade the aforementioned spot trading pairs:
Canada
Cuba
Crimea Region
Iran
Netherlands
North Korea
Syria
United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands)
Any non-government controlled areas of Ukraine
Pepe, Neiro, and Sui Price Updates
In light of this development, our investigation into the market reaction of the underlying assets revealed that Pepe has responded with a daily surge of 2.7% to trade at $0.00000942. At the moment, Pepe is the 25th largest crypto with a market cap of $3.9 billion, and its holding address has increased to 286,606.
Eigen is also up by 10% in the last 24 hours, and 14% in the last seven days to trade at $3.8. According to our data, Eigen’s 24-hour trading volume is also positioned around $237 million as whale interests soared.
Sui had also reacted strongly at press time with a daily surge of 5% to trade at $1.8. However, its daily trading volume is down by 2.3% with $808 million changing hands.
On the other hand, Binance’s native token, BNB, is down by 0.44% in the last 24 hours with its daily trading volume currently around $1.63 billion.
Previously on August 28, CNF reported that Binance is launching new spot trading pairs and trading bot services for “DOGS, Pepe Coin (PEPE), Solana (SOL), SATS (1000SATS), BONK, Ethereum (ETH), and SuperRare (RARE).” As the exchange seeks to expand its range of assets, it is also renewing its commitment to sensitizing its trading environment as it announced the delisting of four pairs – APE/ETH, ATOM/BNB, BAL/BTC, and BNB/DAI today, October 11. The report highlighted that the tokens associated with these pairs would still be available for trading.
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- The crypto market is characterized by innovation, growth, and wealth creation. Investors who recognized Bitcoin (BTC) early on saw their portfolios grow exponentially. Those who embraced Ethereum (ETH) early on also achieved remarkable wealth. Now, WallitIQ (WLTQ), a new token with massive potential, has emerged. An ex-Goldman Sachs analyst predicts its AI supercoin could outthink Ethereum (ETH) and outperform Bitcoin’s (BTC) most impressive bull runs.