Crypto exchange titan Binance again caused a market stir with its latest announcement on five crypto tokens this Monday. Notably, the exchange revealed plans to launch new spot trading pairs for MKR, EPIC, DF, GMX, and RPL shortly ahead. In an upshot, crypto traders and investors anticipate whether the enhanced market support on one of the top exchanges could propel a price rally ahead.
An official announcement on March 17 conveyed that the crypto exchange would open trading for five new pairs soon. Starting March 18 at 08:00 UTC, traders and investors remain poised to enjoy the following trading pairs on the platform:
Simultaneously, the leading cryptocurrency exchange will commence ‘Trading Bots’ services for the abovementioned pairs on the same date and time. Spot Algo orders for these tokens will also be accepted starting at the same time duration.
Binance revealed in its announcement that the decision comes to expand users’ trade offerings. The crypto exchange forges ahead with its mission to offer traders emerging market opportunities in the best way possible.
While this mover is poised to enhance users’ trading experience, the top crypto exchange continues to cement its global ranking, magnetizing market participants with improved offerings. “Users will enjoy discounted taker fees on all existing and new USDC spot and margin trading pairs until further notice,” the announcement added.
However, Binance underlined a list of countries where it will not launch these offerings. These regions are:
The exchange may update this list periodically, subject to legal, regulatory, or other changes ahead.
For context, new spot listings on crypto exchange giants pave the way for increased investor interaction with the assets. As a result, market sentiments turn bullish as a potential money influx in coins awaits.
Historically, spot listings on the same exchange have proved bullish news for the crypto community. Notably, another hot market buzz, Pi Network (PI), is speculated to be listed on the same CEX shortly. As an upshot, traders and investors eye considerable price gains in the asset ahead.
Also, the same CEX revealed major listings for five crypto recently, sparking bullish discussions. In the wake of these similar past chronicles, the newly launched trading pairs mentioned above also remain optimistically eyed by investors globally.
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