Binance announced that, as of October 16, 2024, it will introduce trading pairs SUI/BRL and TURBO/TRY to expand its trading options. At the same time, the Spot Algo Order service will be offered for these trading pairs to enhance user experience. The new trading pairs became active at 11:00 AM TRT.
New Trading Pairs SUI/BRL and TURBO/TRY Offered
The listed trading pairs SUI/BRL and TURBO/TRY aim to increase the platform’s trading volume and offer users more options. BRL represents the Brazilian real, while TRY represents the Turkish lira. Both currencies fall under the fiat category and should not be confused with any cryptocurrencies.
Trading of cryptocurrencies included in these trading pairs may vary depending on the user’s country or region. To trade, users must complete verification processes on the Binance platform.
Trading Restrictions and Regulations
Considering legal and regulatory developments regarding trading eligibility, Binance has imposed restrictions on certain regions. Currently, users from various areas including Canada, Cuba, Crimea, Iran, the Netherlands, North Korea, Syria, and the USA will not be able to trade these pairs. Additionally, some U.S. territories (Guam, Puerto Rico, American Samoa, Northern Mariana Islands, and U.S. Virgin Islands) along with areas in Ukraine not under state control are included in this restriction.
Users must comply with regulations in their countries and meet the current requirements set by Binance to trade. Binance also stated that it may periodically update this list and trading rules according to legal changes.
With this development, Binance aims to provide users with a broader range of trading opportunities and to advance user experience through algorithmic trading solutions.
