🚨🚀 Binance‘s Big Move: New Trading Pairs on March 13! 🚀🚨
It appears, dear readers, that Binance is once again expanding its horizons, this time by introducing new USDC-based spot trading pairs for a variety of tokens on March 13. How thrilling!
On the eleventh of March, the esteemed crypto exchange announced that it shall provide trading support for a number of new spot trading pairs, including CVC/USDC (USDC), EURI/USDC, SYN/USDC, USDC/RON, and VELODROME/USDC. Trading, one might assume, will commence on March 13 at 08:00 UTC.
Aside from the other tokens, RON, the Romanian leu fiat currency, shall now be tradable with Circle’s USDC. How delightful!
Furthermore, Binance shall also enable Trading Bots services for the aforementioned trading pairs, once trading support is launched. However, some users who reside in certain regions may not be able to access these spot trading pairs due to local restrictions that may change over time. How inconvenient!
Users who live in Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States of America and its territories, and any non-government controlled areas of Ukraine shall not be able to access the new spot trading pairs. Therefore, all users would need to undergo account verification to access the new trading pairs. How tedious!
Shortly after the announcement, most of the tokens listed for spot trading pairs experienced gains. CVC, for instance, went up more than 5% after the Binance notice was published. Civic’s native token is currently trading hands at $0.095.
Meanwhile, Synapse’s token went up more than 5% to $0.183. SYN’s Binance boost helped it break through the downward trend as the token has been going down nearly 30% in the past week and declining more than 50% in the past month. How fortuitous!
SYN was first listed on Binance Futures in August 2024, but has yet to receive a stand-alone token listing on the exchange. How curious!
Furthermore, Velodrome Finance’s token went up by 2.2% since the Binance notice came out. In the past 24 hours, VELO has gone up by 1% to $0.048. Similar to SYN, VELO also broke through its decline pattern. VELO has gone down by 21.2% in the past week and decreased by more than 34% in the past month. How intriguing!
Lastly, EURI only saw a slight rise by 0.3% to $1.09 in the past 24 hours of trading. The Eurite token has been seeing small gains in the past few days. EURI has gone up by 2.3% in the past week and increasing by 5.7% in the past month. How underwhelming!
Earlier today, CryptoQuant analyst Darkfost stated Binance’s Bitcoin (BTC) whale ratio has been on the decline, signaling that selling pressure from large holders on Binance for BTC seems to be easing as big holders are cutting down their sell orders. How reassuring!
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2025-03-12 12:37