financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
Important Binance Announcement Concerning FLOKI and BONK Traders
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Important Binance Announcement Concerning FLOKI and BONK Traders
Mar 26, 2024 1:30 PM

TL;DR

Binance will add new trading pairs and introduce bot services to improve user experience, focusing on certain meme coins. The service expansion excludes users from the USA, Canada, Japan, and several other regions. The worlds biggest cryptocurrency exchange will expand the list of services offered on Binance Spot to enhance users trading experience.

It will add the following pairs BONK/USDC, FLOKI/USDC, FTM/USDC, MKR/TRY, RAY/TRY, and RNDR/BRL trading pairs on March 27. Additionally, Binance will enable trading bot services for the aforementioned from the same date.

However, the upcoming options will be available only to eligible users. The company clarified that clients based in the USA (and its territories), Canada, Japan, Iran, Cuba, North Korea, Syria, Netherlands, and any non-government-controlled areas of Ukraine wont be able to participate in spot trading.

Some of the pairs introduced by Binance allow traders to dive deeper into the meme coin niche by dealing with popular assets such as Floki Inu (FLOKI) and Bonk Inu (BONK). The prices of both tokens have been booming in the past month.

Others are focused on the Turkish lira, providing locals with a chance to hop on the cryptocurrency bandwagon. The nation copes with severe financial issues, including the collapse of its national currency, which might explain why Turks have shown a great interest for digital assets in the last few years.

This is not the first similar amendment announced by the firm since the beginning of the month. It added the trading pairs PEPE/FDUSD, UNI/FDUSD, OM/TRY, PIXEL/USDC, STRK/USDC, and THETA/TRY on Binance Spot, while Floki Inu (FLOKI) and 16 other altcoins were introduced as new loanable assets on Binance Loans.

 

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
British Pound Down But Paring Losses Vs Dollar As Market Looks to Fed
British Pound Down But Paring Losses Vs Dollar As Market Looks to Fed
Apr 30, 2024
British Pound: GBP/USD Analysis and Charts Download are Q2 British Pound Technical and Fundamental Outlooks for free below: Recommended by David Cottle Get Your Free GBP Forecast The Pound seems to have stalled close to one-month highs against the United States Dollar on Tuesday, with the cable market like all others now fixed on the Federal Reserve’s May monetary policy...
Is ETH About to Plummet Below $3K or Will the Bulls Step In? (Ethereum Price Analysis)
Is ETH About to Plummet Below $3K or Will the Bulls Step In? (Ethereum Price Analysis)
Apr 30, 2024
Following a period of consolidation near critical support marks defined by the 0.5 and 0.618 Fibonacci retracement levels, alongside the 100-day MA, Ethereum witnessed a modest bullish rebound. However, it still contends with a notable resistance range, the breach of which holds potential for a renewed bullish momentum. Technical Analysis By Shayan The Daily Chart Upon examining the daily chart,...
dWallet Network Integrates Native Multi
dWallet Network Integrates Native Multi
Apr 30, 2024
dWallet Network the infrastructure for programmable native Bitcoin announced adding support for EVM-compatible Layer 1 blockchain, Monad The latest integration unveiled on April 30th aims to solidify Monads position as the leading ecosystem for EVM builders, utilizing dWallet technology to introduce native multi-chain capabilities. Multi-Chain DeFi Integration According to the official press release shared with CryptoPotato, within the Monad ecosystem,...
Cardano (ADA) Whale Activity Explodes to Level Not Seen Since Nov 2023
Cardano (ADA) Whale Activity Explodes to Level Not Seen Since Nov 2023
Apr 30, 2024
Cardano (ADA) witnessed a significant surge in whale transactions exceeding $100K on April 29th. The transactions on that day amounted to 1,776, marking the highest daily count since November 8th, 2023. Historically, such spikes in whale activity have correlated with potential price reversals, indicating possible shifts in market sentiment. However, this hasnt been the case so far as the market...
Copyright 2023-2026 - www.financetom.com All Rights Reserved