In a strategic move to broaden its array of trading choices and elevate user experience, Binance introduced four new spot trading pairs on Friday, January 19, 2024. The newly added pairs include Ethereum Classic (ETC), Ethereum Name Service (ENS), Celestia (TIA), and Sui (SUI) as base currencies.
According to the latest announcement, the following pairs were listed on Binance at 08:00 a.m. UTC on Friday.
Moreover, it’s worthy to note that Binance is not just expanding its trading pairs but is also adding Trading Bots services. On January 19, Trading Bots services will be available for the XAI/USDT pair, providing Spot Grid, Spot DCA and Rebalancing Bot facilities. Furthermore, users will be able to initiate Spot Algo Orders for the newly listed pairs of ENS/FDUSD, ETC/FDUSD, SUI/USDC, TIA/USDC.
In addition, Binance has incentivized the opportunity with a zero maker-fee promotion on all existing FDUSD trading pairs. This fee waiver will remain in effect until further notice, presenting an attractive opportunity to trade in the recently introduced ETC and ENS pairs.
Also Read: Celestia Price: Will Celestia Hit $50 in 2024?
While Binance is expanding its spot trading options, it has also removed several pairs lately. In early hours of Friday, Binance executed the delisting of several spot trading pairs wherein Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) served as the quote currencies. The delisting took effect at 03:00 a.m. UTC today. The affected pairs include DAR/BNB, DEXE/ETH, ID/BNB, and POLS/BTC, which were selected based on factors such as poor liquidity.
Simultaneously, Spot Trading Bots services linked to the mentioned pairs have been discontinued. While this delisting impacted these specific trading pairs, Binance emphasized that it does not hinder the availability of the tokens on the platform. Users can continue trading the base and quote assets of the delisted pairs through other available trading pairs.
Also Read: Manta Network Sparks Money Laundering Concerns In South Korea Amid Binance Listing
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