Binance Expands Trading Options with New Pairs, Bot Services, Contracts and Board Appointment

Binance, the leading cryptocurrency exchange, has expanded its Spot platform with six new trading pairs: ATOM/USDC, CFX/USDC, POLYX/TRY, RNDR/USDC, RUNE/USDC, and SAGA/USDC. This move provides users with more options and flexibility in their trading strategies. Binance will open trading for these pairs on April 17 at 8:00 a.m. (UTC) along with enabling trading bot services. Binance also announced that Binance Futures will launch the ARBUSDC and NEOUSDC Perpetual Contracts on April 18, both with up to 50x leverage, and the FILUSDC Perpetual Contract with up to 75x leverage.

Binance Expands Trading Options with Six New Trading Pairs

Binance, the world's leading cryptocurrency exchange, has announced the addition of six new trading pairs to its Spot platform, offering traders increased choice and flexibility in executing their trading strategies.

Effective April 17th, 2023, at 8:00 AM (UTC), users will have access to the following trading pairs:

• ATOM/USDC
• CFX/USDC
• POLYX/TRY
• RNDR/USDC
• RUNE/USDC
• SAGA/USDC

These new pairs encompass a diverse range of cryptocurrencies, including Render (RNDR), the leading AI token; ATOM, the native token of the Cosmos blockchain; and Rune, the token of the DeFi platform Thorchain.

In addition to the six new trading pairs, Binance will also enable trading bot services, including Spot Grid, Spot DCA, and Rebalancing Bot, for SAGA/USDT, and Spot Algo Orders for all six new pairs.

Binance emphasizes that the availability of these new trading pairs may vary depending on the user's country or region of residence.

Binance Futures Expands Contract Offerings

In conjunction with the Spot platform additions, Binance Futures will launch three new Perpetual Contracts on April 18th, 2023:

• ARBUSDC Perpetual Contract (up to 50x leverage)
• NEOUSDC Perpetual Contract (up to 50x leverage)
• FILUSDC Perpetual Contract (up to 75x leverage)

These contracts provide traders with the opportunity to speculate on the future value of the underlying assets with enhanced leverage.

Binance US Appoints Martin C. Grant to Board

In a notable development, Binance US has welcomed Martin C. Grant, the former Chief Compliance and Ethics Officer at the New York Fed, to its board.

Grant brings over three decades of experience in regulatory, legal, and compliance matters across government and the digital asset industry. He will play a pivotal role in supporting Binance's compliance-first approach and strengthening its financial reporting systems and internal controls.

Binance's Commitment to Innovation and Compliance

Binance continues to expand its platform and product offerings to meet the evolving needs of traders. The addition of new trading pairs and trading bot services provides users with greater flexibility and control over their trading strategies.

Simultaneously, Binance's strategic appointments and compliance initiatives demonstrate its commitment to operating in a responsible and transparent manner. The company's dedication to innovation and compliance is expected to further solidify its position as a leader in the global cryptocurrency market.