ripple (XRP) and Shiba Inu (SHIB) Investors Affected by This Important Binance Update
TL;DR
- binance will introduce new trading pairs with the Japanese yen later this week.
- Despite the new listings, the value of cryptocurrencies such as XRP, SHIB, ADA, and SOL is currently declining.
The world’s leading cryptocurrency exchange announced A new update to the trading program to improve user experience. IT will introduce the following pairs XRP/JPY, SHIB/JPY, ADA/JPY and SOL/JPY Available on Binance Spot on April 30. trading bots Services related to the above will be activated on the same day.
Upcoming options focus on the Japanese yen and locals dive deeper cryptocurrency industry. “Users will enjoy zero Maker and taker fees on JPY trading pairs until further notice,” the firm said.
Binance at the beginning of this month simplified Crypto trading for MexicansmoreWe create a direct pair between USDT and MXN.
Despite additional support from the exchange, popular altcoins Ripple (XRP), shiba inu (SHIB), Cardano (ADA), and solana (SOL) remain deep in the red amid the overall market correction. Rapid price increases usually observed In case of an official listing on Binance, the company will cover all these. cryptocurrencies mentioned above Years ago.
Previous Binance Updates
Company changed trading program many times since the beginning of 2024 By listing new digital currencies and delisting existing ones due to numerous factors such as poor liquidity.
In march, allowed users can buy and sell the following pairs: pepe/FDUSD, UNI/FDUSD, OM/TRY, PIXEL/USDC, STRK/USDC and Theta/TRY. Shortly thereafter, it delisted the popular privacy coin Monero (XMR) and three other altcoins: aragon (ANT), Multichain (MULTI), and Vai (VAI).
April also witnessed many developments. One example of this is the addition of 18 new loanable assets, including Pepe (PEPE) and Pepe (PEPE). dog hat (WIF), Binance Debt.
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