This Popular Meme Coin Gets More Support From Binance: Details
TL;DR
- binance has expanded trading options with new pairs, but availability depends on users’ region.
- The exchange will delist several existing pairs on June 14 and advise clients to update or cancel their Spot Trading Bots to avoid potential losses.
The world’s leading cryptocurrency exchange continues to expand its list of trading options to respond to the latest market trends and improve users’ experience. On June 13, it added WIF/EUR, NOT/BRL and TRU/TRY. Binance Point. Also company allowed Trading Bots services the couples mentioned above.
Binance stated that the new offers are “subject to availability.” customers country or region of residence. Those restricted include users in the USA, Canada, Cuba, Crimea Region, Iran, North Korea and many other countries.
Popular meme money – dog hat (WIF) – saw a slight revival shortly after the announcement before turning south again. It is currently trading around $2.50, which represents a 10% decline on a 24-hour scale.
WIF Price, Source: CoinGecko
solana-based meme coin experienced a much more significant price increase when Binance first announced support in January of this year. At that time the company started WIF/USDT permanent contracts, Which What followed With an ATH for the asset (at the time) of around $0.45.
Other exchanges this is also enabled Trading services with WIF over the past few months include: Bybitoctopuses, BitMEXCoinbase and more.
Previous Changes
In addition to adding new trading pairs, Binance also periodically removes some existing pairs. reasons like poor liquidity. Earlier this week, announced IT request Stop services for the following services: ALPACA/BTC, NFP/TUSD, MDX/BTC, QUICK/BTC and XAI/BNB. remove from list planned It will come into force on June 14.
Most affected assets recorded little or no price fluctuation in the hours following the announcement. Typically, a severe decline occurs if all services are terminated. definite token and not just remove some pairs.
The search was made in February popular privacy coin Monero (XMR) rolled Over 20% increase after Binance withdrew its support.
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