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With its significant trading volume, the world’s largest cryptocurrency exchange Binance is preparing to increase the number of trading pairs on Spot to offer its users more trading options and a better trading experience. The cryptocurrency exchange is planning to open six new trading pairs for Spot trading in this direction.
Six New Trading Pairs to Be Launched on Spot
Cryptocurrency exchange Binance recently announced that starting from 16:00 TRT on March 27, 2024, six new trading pairs, namely BONK/USDC, FLOKI/USDC, FTM/USDC, MKR/TRY, RAY/TRY, and RNDR/BRL, will be opened for trading on Spot. Additionally, Binance added that it will also launch Trading Bot services for the new trading pairs to increase automation and efficiency in trading strategies.
The introduction of new trading pairs aims to expand the range of trading pairs available to Binance users, catering to different trading preferences and strategies. By offering trading pairs such as BONK/USDC, FLOKI/USDC, FTM/USDC, MKR/TRY, RAY/TRY, and RNDR/BRL, Binance enables investors to access more options and potentially take advantage of opportunities in the cryptocurrency market.
Moreover, Binance mentioned that services such as Spot Grid, Spot DCA & Rebalancing Bot will also be available for the ETHFI/USDT trading pair.
Availability of Trading Pairs May Vary
On the other hand, Binance emphasized that the availability of the new trading pairs is subject to the country or region where users reside. This means that the availability of trading pairs could vary by country and region.
The cryptocurrency exchange also added that the list of restricted countries is periodically updated due to changes in applicable laws and regulations or other factors affecting trading eligibility.
Binance advised its users to complete account verifications to ensure compliance with legal requirements and to facilitate the smooth continuation of trading activities.
