Binance is expanding its spot trading offerings with new USDC-based spot trading couple for an array of tokens launched on 13 March.
On March 12, major crypto exchange Announced This will provide trading support for several new spot trading couples, including CVC/USDC, Euri/USDC, SYN (SYN)/USDC, USDC/Ron, and Velodrome/USDC. Trading will begin on March 13 at 08:00 UTC.
In addition to other tokens, Ron Romanian Lew Fiat currency that can now be traded with the Circle’s USDC.
Additionally, after the commencement of binance trading support, trading bots will also enable services for the above trading pairs. However, some users who live in some areas may not be able to reach these spot trading pairs due to local restrictions that may change overtime.
Users living in Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States and its regions, and any non-governmental controlled fields of Ukraine will not be able to reach new spot trading couples. Therefore, all users must undergo account verification to reach new trading couples.
Shortly after the announcement, most of the tokens listed for the spot trading couple experienced experience. The CVC increased by more than 5% after the binance notice was published. The native token of Civic is currently trading at $ 0.095.
Meanwhile, Synapse’s token increased to more than 5% $ 0.183. SYN’s Binance Boost helped break it down from the bottom as the token is going down by about 30% in the last week and has fallen by more than 50% in the last month.
SYN was first listed on the Binance Futures in August 2024, but has not yet received a stand-alone token listing on the exchange.
In addition, the token of Velodrome Finance increased by 2.2% as the binense notice surfaced. In the last 24 hours, Velo has increased from 1% to $ 0.048. Similar to SYN, Velo also broke through its fall pattern. Velo has come down by 21.2% in the last week and has decreased by more than 34% in the previous month.
Finally, Euri saw a slight increase in the last 24 hours of trade from only 0.3% to $ 1.09. The urite token has been seeing small benefits in the last few days. Euri has increased by 2.3% in the previous week and is increasing by 5.7% in the last month.
Earlier today, Cryptoctive Analyst Darkfost said that the Bitcoin (BTC) whale ratio of the Benance has declined, indicating that the selling pressure from big holders for BTC is decreasing as big holders are cutting their selling orders.
Disclosure: This article does not represent investment advice. The materials and materials painted on this page are only for educational purposes.
