Important Binance Announcement Impacting pepe, INJ, sui, and More: Details
TL;DR
- binance added new trading pairs and trading bot services, including PEPE/EURO.
- The company will remove certain trading and margin pairs by the end of May and advise users to close positions to avoid losses.
Binance, the world’s largest cryptocurrency exchange, continues to implement changes to its platform to improve user experience and respond to the latest market trends. lately this extended List of trading options available on Binance Spot with the following pairs: PEPE/EURO, AR/FDUSD, ENA/EUR, REZ/USDC and TRB/FDUSD.
Additionally, the company has enabled trading bots services for PEPE/EURO, BB/USDT, NOT/USDT, AR/FDUSD, ENA/EUR, PEPE/EUR, REZ/USDC and. TRB/FDUSD.
Greater support for PEPE coincides with the memecoin’s impressive rise late hours. The recent price of the asset hit Its market capitalization reached an all-time high, exceeding $6 billion. Right now, PEPE is the third largest token and the 24th largest cryptocurrency in its field.
Moreover Binance also adds new trading pairs to its platform announced will remove some of the existing ones. INJ/TUSD, MEME/TUSD, SNX/ETH and SYN/BTC will no longer exist From 24 May.
The company’s margin trading program undergo some changes. MDX/BTC, SEI/TUSD, SUI/TUSD will become ALPACA/BTC, ARKM/TUSD, CHESS/BTC, MDX/BTC, SEI/TUSD and SUI/TUSD removed from list On May 31.
Previous Binance Announcements
The exchange has launched multiple updates to its platform over the past few months. In April, including Operations have been simplified for Mexican users by creating XRP/JPY, SHIB/JPY, ADA/JPY and SOL/JPY trading pairs and a direct pair between USDT and MXN on Binance Spot.
Binance at the beginning of this month Additional Holo (HOT), Jito (JTO), Manta Network (MANTA), MANTRA (OM), NFPrompt (NFP) and Portal (PORTAL) as new loanable assets on Binance Credits.
A few weeks ago the company aforementioned IT request End support for ripple‘s XRP and stablecoin TUSD as margin assets in Multi-Asset Mode. In addition, The transfer limit for these assets has been updated to zero.
The change will officially come into force on May 28. with Remaining XRP and TUSD balances in futures wallets are automatically converted to USDT.
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