Binance Adds BONK & 1000SATS Among Others To New Trading Services, Reversal Ahead?

The world’s largest crypto exchange Binance on Wednesday said it will open new trading pairs and trading bots services on Binance Spot. Notably, Binance further expanded offerings for trending crypto including BONK and 1000SATS. Users can start leveraging new trading pairs and trading bots services starting at 08:00 UTC on December 21.

Binance Adds BONK and 1000SATS To Spot Bot

According to an official announcement on December 20, Binance will add BONK/USDT to its spot grid, spot DCA and rebalancing bot. With the latest move, Binance has expanded its offerings for users looking to capitalize on the BONK price rally.

In addition, Binance has also announced 1000SATS/USDT trading on spot grids, spot DCA and rebalancing bot. 1000SATS has been making strides in the crypto market, recording massive trading volumes.

Binance recently listed Bonk and BRC-20 Sats (1000SATS) amid massive demand from its users.

Furthermore, the crypto exchange will open trading for BLZ/FDUSD, RARE/TRY, and VANRY/TRY spot pairs from Thursday. Users will enjoy zero maker fees on BLZ/FDUSD spot pair.

Binance has also added BONK to Earn Wednesday for its uses to get rewards across Simple Earn, ETH Staking, Dual Investment, and other services. It is continuously increasing BONK trading on the platform by adding it to the Binance Margin, Covert, and other products and services, grabbing triple the volume of Coinbase.

Also Read: Senator Elizabeth Warren Lashes Out At Crypto Firms For Building Lobbying Army

BONK and 1000SATS Under Selling Pressure

1000SATS and BONK remain under pressure due to profit booking ahead of the Christmas holidays. However, investors still expect prices to close the year on a higher note.

BONK price fell over 15% in the past 24 hours, with the price currently trading at $0.0000179. The 24-hour low and high are $0.0000176 and $0.0000216, respectively. Furthermore, the trading volume has decreased further by 40% in the last 24 hours, indicating a decline in interest among traders.

1000SATS price fell 9% after a 60% rally in the last week. The price is currently trading at $0.000701 after dipping to $0.000685 in the past 24 hours.

Also Read: Central Bank of Ireland Registers Ripple As Crypto Service Provider

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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.