OKX Delists FRONT Altcoin Pairs, Binance Launches DOGSUSDT and AERGO Futures, APES, PGPT and Mr. Mint Are Entering New Exchanges

While new developments are taking place in the cryptocurrency market every day, major exchanges continue to make various announcements to their users.

Major cryptocurrency exchanges continue to make various announcements to their users as new developments unfold in the crypto market each day. According to the announcements made on September 10, 2024, major exchanges such as Binance and OKX are announcing some new transactions while removing some cryptocurrencies from the list. In particular, Binance’s new listings in futures and OKX’s delisting of FRONT altcoin pairs were among the notable developments in the crypto community.

OKX is delisting FRONT altcoin pairs

Cryptocurrency exchange OKX shared an important decision regarding the FRONT token with its users in an official announcement. Between 16:00 and 16:30 (UTC+8) on September 13, 2024, the FRONT/USDT and FRONT/USDC trading pairs will be officially delisted. Following this decision, OKX stopped deposits of the FRONT altcoin at 16:00 on September 9, 2024. Users will not be able to make a new deposit transaction for the FRONT token via OKX as of this date.

The reason behind OKX’s decision is that the FRONT token does not support swaps and brand updates. As a result of these changes made to the Frontier (FRONT) token, the token supply will be increased from 90 million to 360 million. However, OKX stated that it will not support this token swap process and will not implement the updates on its platform for now. Users can learn more about this by looking at Frontier’s token economy and project announcements. This delisting process could significantly affect FRONT investors and cause them to turn to different platforms.

Binance launches DOGSUSDT and AERGO futures

Binance, one of the largest exchanges in the cryptocurrency world, made two major announcements on September 10, 2024. The first of these was the addition of the DOGSUSDT futures contract. This new contract, which will be included in the Binance Futures Copy Trading platform, offers significant opportunities to investors. DOGSUSDT will be listed with the USDⓈ-M contract, and users will be able to start trading with this contract as of September 10, 2024 at 08:00 (UTC).

The Binance Futures Copy Trading platform allows users to copy the portfolios of experienced investors in real time. This is an ideal solution for investors who are new to the crypto world and have not yet developed a strategy. Users can automatically copy the trades of leading investors they choose through the system and benefit from market movements. This new contract seems to attract investors’ attention with the leveraged trading options offered by Binance.

Binance’s second announcement was about the Aergo (AERGO) altcoin. The exchange announced that it will launch the USDT-margined AERGOUSDT futures contract with a maximum leverage of 75x. With this announcement, there was a significant increase in the Aergo price. According to CoinGecko data, AERGO rose from $ 0.0881 to $ 0.116 with a 32% increase after the announcement. However, at the time of writing, the price pulled back a little and started trading at $ 0.111. While this high leverage futures contract from Binance offers investors high profit potential in the short term, it also carries high risks. It is very important for investors to be careful in leveraged transactions.

APES, PGPT and Mr. Mint are entering new exchanges

Another notable development on September 10, 2024 was that exchanges such as BitMart and MEXC started listing some new cryptocurrencies. BitMart decided to list the APES token with USDT parity. This listing, which was met with great excitement in the APES community, took place at 15:00 (UTC).

Similarly, the MEXC exchange also listed two new altcoins on the same day. PrivateAI (PGPT) and Mr. Mint (MNT) tokens were opened for trading on the MEXC platform with USDT pairs at 13:00 and 11:00 (UTC) respectively. These listings were welcomed by investors of the relevant tokens and there may be short-term movements in the prices of the tokens. Listings can increase the awareness of the tokens and enable them to reach a wider investor audience.