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COINTURK NEWS > Binance > Binance Announces New Trading Pairs for 10 Altcoins Including AVAX, Solana, and Cardano
Binance

Binance Announces New Trading Pairs for 10 Altcoins Including AVAX, Solana, and Cardano

In Brief

  • Binance adds 10 new trading pairs with USDC for altcoins like ADA and SOL.

  • These additions aim to provide alternatives to Tether (USDT) for investors.

  • Previously, Binance announced the removal of 10 trading pairs for 9 altcoins.

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COINTURK NEWS 1 year ago
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Binance, which recently announced that trading pairs for 9 altcoins would be removed, has made another announcement regarding the addition of new trading pairs. The cryptocurrency exchange has now announced that 10 trading pairs for 10 altcoins will be added and made available for spot trading.

Contents
10 Trading Pairs to Be Added for 10 Altcoins Including AVAX, Solana, and Cardano10 Trading Pairs for 9 Altcoins to Be Removed

10 Trading Pairs to Be Added for 10 Altcoins Including AVAX, Solana, and Cardano

Binance continues to make changes to its trading pairs, adding and removing them. The cryptocurrency exchange has announced that it will add 10 new trading pairs for 10 altcoins, including Cardano (ADA), Avalanche (AVAX), and Solana (SOL). Accordingly, Binance will open ADA/USDC, ARB/USDC, AVAX/USDC, DOT/USDC, INJ/USDC, MATIC/USDC, OP/USDC, ORDI/USDC, SOL/USDC, and XRP/USDC spot trading pairs on December 28 at 11:00 AM TRT.

It is apparent that all of these trading pairs will be matched with the leading stablecoin USDC Coin (USDC). This indicates that Binance aims to provide a new trading channel for investors who lack confidence in the market-value leader Tether (USDT) and are seeking different trading pairs.

10 Trading Pairs for 9 Altcoins to Be Removed

Shortly before this announcement, Binance had announced that it would remove 10 trading pairs for 9 altcoins in order to protect users and ensure the continuation of high-quality trading operations.

In line with this, it was stated that the APE/BNB, APE/EUR, ARPA/ETH, BETA/ETH, CVX/BTC, ENS/BNB, EOS/EUR, ETC/EUR, KAVA/BNB, and PAXG/BNB trading pairs would be removed on December 29 at 05:00 AM TRT, ending the trading operations for these pairs. Trading operations for these altcoins will continue through other trading pairs.

Furthermore, the Spot Trading Bots service for the APE/BNB, APE/EUR, ARPA/ETH, BETA/ETH, CVX/BTC, ENS/BNB, EOS/EUR, ETC/EUR, KAVA/BNB, and PAXG/BNB trading pairs will also be stopped at the same date and time. Binance advises users to stop, update, and/or cancel their Spot Trading Bots before the removal of the trading pairs to avoid losses.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 27 December, 2023 - 11:27 am 27 December, 2023 - 11:27 am
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