Important Binance Update Impacting PEPE Investors

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BitTorrent

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Jul 10, 2023
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Important Binance Update Impacting pepe Investors


TL;DR

  • binance is adding new trading pairs that offer users more diversity.
  • The company has announced numerous updates recently in response to market trends.

It will be the world’s leading cryptocurrency exchange to increase Number of trading pairs offered on Binance Spot. Those that will be available to users starting from March 5 include PEPE/FDUSD, UNI/FDUSD, OM/TRY, PIXEL/USDC, STRK/USDC and Theta/TRY.

Some of the related cryptocurrencies, such as Pepe Coin (PEPE) and Mantra (OM), are in green. While the latter’s price increase began shortly after Binance’s announcement, this is not the case for the meme coin.

PEPE has been among the market’s top performers for weeks, up over 500% on a 14-day scale. Like CryptoPotato reportedIts price reached an all-time high today (March 4), while its market value exceeded $3 billion.

It is worth noting that some of the newly introduced trading pairs by Binance focus on the Turkish lira, allowing Turks to dive deeper into the crypto world.

The country is coping with various economic setbacks, such as the collapse of the national currency, which may explain why locals have shown great interest in digital assets over the past few years. Recently Bitcoin (BTC) has reached An ATH in Turkey after the galloping inflation rate.

This is not the company’s first listing/delisting effort since the beginning of 2024. terminated Services with popular privacy coin Monero (XMR) and three other altcoins – aragon (ANT), Multichain (MULTI) and Vai (VAI).

A few weeks later, this Additional SHIB/FDUSD, DOT/FDUSD, WLD/FDUSD, LDO/FDUSD, near/FDUSD and TIA/FDUSD are new isolated margin pairs, while ADX/USDT and IQ/USDT have entered the new cross margin section.

Finally, CKB/TRY, coti/TRY, LDO/TRY and UNI/USDC were included in Binance Spot.

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