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Cryptocurrency exchange Binance continues to make new announcements regarding new trading pairs. Binance aims to expand its moves towards users. The announcement highlights a fiat currency. Accordingly, there are trading pairs based on the Euro. Let’s look at the details together.
Binance Opens New Trading Pairs
To expand the list of trading options offered on Binance Spot and enhance users’ trading experience, Binance announced that it will open trading for the pairs AR/FDUSD, ENA/EUR, PEPE/EUR, REZ/USDC, and TRB/FDUSD starting from 11:00 AM Turkey time on May 23, 2024.
In addition to the above announcement, Binance will enable Trading Bots services for the following trading pairs starting from 11:00 AM Turkey time on May 23, 2024:
- For Spot Grid, Spot DCA, and Rebalancing Bot: BB/USDT, NOT/USDT.
- For Spot Algo Orders: AR/FDUSD, ENA/EUR, PEPE/EUR, REZ/USDC, TRB/FDUSD.
Binance also emphasized that the Euro is a fiat currency and does not represent any other digital currency. Binance stated that users could benefit from zero maker fees on FDUSD trading pairs until the next announcement. Similarly, users can take advantage of discounted taker fees on all existing and new USDC spot and margin trading pairs until the next announcement.
Binance Highlights Country Restrictions
Binance announced that the new pairs mentioned above are subject to eligibility based on the user’s country or region of residence. It reminded that the restricted countries list below could change from time to time due to mandatory changes in applicable laws and regulations or other changes related to the trading eligibility of these new pairs.
Binance also emphasized that this list could be periodically updated to accommodate changes in legal, regulatory, or other factors.
Currently, users residing in the following countries or regions will not be able to trade in the above-mentioned spot trading pairs: Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, the United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, U.S. Virgin Islands), and non-government-controlled areas of Ukraine.
