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Highlights
- Binance spot has added new trading bots services for FET and RENDER this Monday.
- The new offerings could fuel a rally as investors look to capitalise on assets amid a broader bullish market trend, bringing funds inflow to the AI coins.
- FET price soared 23% over the week, whereas RENDER price rode a rollercoaster.
The CEX behemoth Binance has recently expanded support for FET & RENDER tokens, capturing noteworthy attention among crypto market participants globally. Via an official announcement on Monday, April 28, the crypto exchange revealed new trading bots services for the abovementioned crypto. This new trade offering paves the road for further investor interaction with these assets. In response, crypto market watchers remain highly optimistic about the coins’ future price actions, as the new offerings could bring more funds inflow to the coins.
Binance Spot Adds New Trading Bots Services For FET & RENDER
Binance’s latest press release revealed that “Spot Grid and Spot DCA” services for the following trading pairs will commence starting April 29 at 08:00 UTC:
- FET/USDC
- RENDER/USDC
The top-ranking crypto exchange further added that this trade offering comes to enhance its platform’s colossal user base experience. However, the announcement also added that these pairs remain subject to trading based on the user’s country or region of residence.
As of now, users residing in the following regions will be unavailable to partake in this offering:
- Canada
- Cuba
- Crimea Region
- Iran
- Netherlands
- North Korea
- Syria
- The U.S. and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands)
- Any non-government-controlled areas of Ukraine.
Besides, Binance added that users in the EEA (European Economic Area) should be wary while trading these assets, given the new MiCA stablecoin norms that kicked in recently. Particularly, EEA users remain poised to seamlessly trade in USDC, whereas USDT and other stablecoins remain impacted due to the new norms.
Nevertheless, the new trading bots offering for the abovementioned crypto soon gained popularity amid a broader bullish market. Traders and investors may look to capitalize on such new trade offerings as crypto prices showcase the potential for a rally amid a market pump.
While Bitcoin & Ether prices have rallied nearly 7-9% weekly, FET & RENDER prices also showcased potential for bullish price actions ahead. Although RENDER price saw a slight 1% dip over the week, resting at $4.42, the AI coin also managed to hit a high of $4.73, per CoinMarketCap data.
Conversely, FET price has pumped by a remarkable 23% over the week, resting at $0.7373. Traders and investors continue to thoroughly monitor these crypto, expecting a bullish price shift amid broader trends and Binance’s support.
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