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Binance Announces Special Listings Of ADA, AVAX, DOGE, LINK, MATIC & Other Crypto

Binance announces new margin trading pairs for crypto including Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE), Polygon (MATIC) & others
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Binance Announces Special Listings Of ADA, AVAX, DOGE, LINK, MATIC & Other Crypto

The world’s largest crypto exchange Binance on Monday said it is listing several crypto on Binance Margin. Binance plans to add new margin trading pairs for major crypto including Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE), Chainlink (LINK), and Polygon (MATIC). The new cross and isolated margin trading pairs are available for trading with immediate effect.

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Binance Adds ADA, AVAX, DOGE, MATIC Margin Pairs

Crypto exchange Binance in an official announcement on December 25 revealed new cross and isolated margin trading pairs. The move comes amid efforts by the crypto exchange to increase liquidity amid growing demand by adding major crypto Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE), Chainlink (LINK), and Polygon (MATIC) in FDUSD pairs, offering advantages to its users.

Binance has listed ADA/FDUSD, AEUR/USDT, AVAX/FDUSD, DIA/USDT, DOGE/FDUSD, IOTX/ETH, LINK/FDUSD, MATIC/FDUSD, OM/USDT, and POLS/USDT cross margin pairs.

The exchange has also added IOTX/ETH isolated margin pair.

“Binance Margin strives to enhance user trading experience by continuously reviewing and expanding the list of trading choices offered on the platform, allowing for greater diversification of user portfolios and flexibility with trading strategies,” said Binance.

CoinGape earlier reported that Binance will remove ADA/GBP, BNB/GBP, BTC/GBP, DOGE/GBP, ETH/GBP, GBP/USDT, LINK/GBP, LTC/GBP, MATIC/GBP, SOL/GBP, and XRP/GBP spot pairs by December 29.

Also Read: Bitcoin Bull Cathie Wood’s Ark Invest Sold Over 343K Coinbase (COIN) Shares In A Week

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Crypto Price Action

ADA price jumped 3% from a 24-hour low of $0.591, with the price currently trading at $0.608. The 24-hour is $0.621. Furthermore, the trading volume has increased by 30% in the last 24 hours, indicating a rise in trading interest.

DOGE price fell 1% to $0.0928, mostly trading sideways in the last few days. The 24-hour low and high are $0.0913 and $0.0948, respectively. It also recording a rise in trading volume in the last 24 hours.

Meanwhile, AVAX and LINK prices have pumped 1% in the last 24 hours, and MATIC soared 4%.

Also Read: Coinbase and Top Crypto Companies Increase US Political Donations

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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