MEXCBinance Adds Multiple Crypto In FDUSD Pairs After Bitcoin And XRP Listing
The world’s largest crypto exchange Binance on Wednesday announced adding new trading pairs and trading bots services on Binance Spot. The crypto exchange Binance is listing key crypto including Polygon (MATIC), Bitcoin Cash (BCH), Avalanche (AVAX), and Cosmos (ATOM) in pair with FDUSD stablecoin.
Binance Listing More Crypto With FDUSD
Crypto exchange Binance in an official announcement on October 18 said it is listing more crypto trading pairs with FDUSD stablecoin and Turkish lira (TRY). Spot trading for ATOM/FDUSD, AVAX/FDUSD, BAND/TRY, BCH/FDUSD, LOOM/TRY, and MATIC/FDUSD opens on October 19 at 08:00 UTC.
In addition, the exchange will start offering Spot Grid and Spot DCA Trading Bots services for NTRN/USDT and PENDLE/USDT trading pairs. Users can start trading on October 19 at 08:00 UTC.
Binance extended support for FDUSD stablecoin after the crypto community raised concerns about TUSD stablecoin. In September, Binance listed XRP/FDUSD, DOGE/FDUSD, SOL/FDUSD, TOMO/TRY, and UNFI/TRY pairs.
Users enjoy zero maker fees on FDUSD trading pairs. Binance customers also introduced zero maker and taker fees on the FDUSD/BUSD and FDUSD/USDT spot and margin trading pairs. FDUSD currently has a market cap of $467 million as against Tether USDT’s market cap of $83.72 billion. FDUSD’s market cap continues to rise amid support from Binance.
Binance Listing Crypto Considered As Securities By the SEC
Binance continues to list crypto such as Polygon (MATIC) and Cosmos (ATOM) considered as securities by the U.S. Securities and Exchange Commission (SEC).
In the latest development, the SEC has blamed Binance.US for not cooperating with the requests as per the consent order. Meanwhile, Binance and CEO CZ seek to dismiss the lawsuit claiming that the SEC trying to take control of the crypto industry and seek jurisdiction from the U.S. Congress.
Also Read:
- Bitcoin Hits $29K, SEC In Constructive Talks With Bitcoin ETF Issuers: Bloomberg Analyst
- Terra Luna Classic Core Developer L1TF Reveals Next Focus In LUNC Revival Roadmap
- Fidelity’s Bitcoin ETF Update Sparks SEC Clash
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Related Articles
- U.S. Sanctions North Korea’s Crypto Network Funding Nuclear Programs
- Bitcoin Price Crashes Below $100K Even as Trade Tensions Subside
- FTX Collapse: SBF Claims Trial Was Biased and Unfair, Appeals FTX Fraud Conviction
- Unlock $16T RWA Market: BitFrac Makes Bitcoin Mining Accessible Now
- RLUSD and XRP Become The First in The U.S. To Have Stablecoin Margin Via Bitnomial
- Dogecoin Price Risks 20% Crash as Death Cross Aligns With Falling DOGE ETF Inflows
- Will Bitcoin Price Recover When US Govt. Opens? On-chain Data Shows Recovery Might Take a While
- XRP Price Forecast as Price Nears a Death Cross Formation- Is a Crash Below $2 Inevitable?
- Why These Crypto Coins Are Soaring Today: DASH, ZEC, and ICP
- Is a Pi Coin Price Meltdown Ahead? November’s 2.4% Supply Unlock Sparks Warnings
- Solana Price Eyes Rebound as Institutional Demand Tops $3.2B YTD
