Binance said hello to the day with many announcements today. The world’s largest cryptocurrency exchange in terms of daily trading volume has announced listings and delists for various trading pairs. Here’s a summary of the latest announcements…
Binance delists five trading pairs
In order to protect users and maintain a high-quality trading market, Binance periodically reviews all spot trading pairs and delists some pairs due to various factors such as low trading volume and liquidity. As a result of final reviews, Binance will remove and terminate the following spot trading pairs as of 06:00 UTC on June 7, 2024: ACE/BNB, DOT/TUSD, MAGIC/FDUSD, MEME/BNB, SAND/BNB, XAI/TUSD.
The delisting of the spot trading pair will not affect the continued trading of those cryptocurrencies on Binance. Users will be able to continue trading the underlying and contrarian assets of these pairs in other trading pairs available on Binance. Binance will also terminate Spot Trading Bots services for the mentioned spot trading pairs as of June 7, 2024 at 06:00 UTC. Users are strongly advised to update or cancel their robots before the Spot Trading Bots services are discontinued to avoid possible losses.
Many trading pairs will be added to Spot Copy Trading
On the other hand, Binance will add the following 50 new trading pairs to Spot Copy Trading as of June 7, 2024 at 11:00 UTC to improve the Spot Copy Trading experience. Users who already have Spot Copy Trading portfolios will be able to enable these pairs from the [Personal Pair Preference] section in the Spot Copy Trading settings. Trading pairs are as follows:
1INCH/USDT, BEAMX/USDT, IMX/USDT, ONT/USDT, SUSHI/USDT, ACH/USDT, BNX/USDT, IOST/USDT, PHB/USDT, TNSR/USDT, ADX/USDT, CELO/USDT, IOTA/ USDT, POLYX/USDT, TRB/USDT, API3/USDT, ELF/USDT, LPT/USDT, RDNT/USDT, TRU/USDT, ASTR/USDT, ENJ/USDT, MINA/USDT, REZ/USDT, UMA/USDT, AUCTION/USDT, FRONT/USDT, NFP/USDT, ROSE/USDT, VANRY/USDT, AXL/USDT, GAL/USDT, NOT/USDT, RSR/USDT, WOO/USDT, AXS/USDT, HIFI/USDT, OCEAN/ USDT, SANTOS/USDT, XAI/USDT, BAKE/USDT, HIGH/USDT, OGN/USDT, SNX/USDT, XTZ/USDT, BB/USDT, ID/USDT, OMNI/USDT, STG/USDT, ZIL/USDT.
New opportunities in Binance Loans
Additionally, Binance has added Auction (AUCTION), GMX (GMX) and Liquity (LQTY) tokens as loanable assets for Binance Loans (Flexible Rate). Users can track the latest interest rates and a list of all loanable and collateral assets from Loan Data.
New altcoins are being added to locked products
Binance Earnings also offers new opportunities. New offers will be released every Wednesday and users can earn rewards from Simple Earnings, ETH Staking, Double Investing and more. Currently USDC, USDT, AXS, BLUR and SXP in Flexibles; Locked Products include BNB, SOL and ETH Staking products. It is also possible to participate in Double Investment for BTC with returns of up to 15%.
Finally, as part of the Binance World Championship celebrations, two promotions were launched for the Simple Earn Flex Products and Locked Products. Between June 5-25, 2024, if new users participate in the promotion and subscribe to USDC Flex Products with a net qualifying amount of at least 50 USDC, the first 200 users will be eligible for 20 FDUSD reward tokens. Additionally, participants will be able to earn rewards of up to 1,000 SUI in addition to standard interest returns.
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