Binance to Introduce New Trading Pairs and Trading Bots Services on Spot Market
James Ding Aug 27, 2024 13:14
Binance announces the addition of new trading pairs and Trading Bots services on its Spot market, enhancing user experience and trading options.
Binance, one of the world's leading cryptocurrency exchanges, has announced the introduction of new trading pairs and Trading Bots services on its Spot market, aimed at expanding trading options and enhancing the user experience. According to binance.com, the new features will be available starting from August 28, 2024, at 13:00 (UTC).
New Trading Pairs
Binance will introduce trading for the following pairs:
- DOGS/BRL
- DOGS/USDC
- RARE/BRL
- RARE/USDC
These additions are expected to offer users more choices and flexibility in their trading activities, particularly for those dealing with the DOGS and RARE tokens.
Trading Bots Services
In addition to the new trading pairs, Binance will also enable Trading Bots services for several pairs. The Trading Bots will be available for:
- Spot Grid and Spot DCA: 1000SATS/TRY, BONK/TRY, ETH/EUR, PEPE/TRY, SOL/EUR, USDC/USDT
- Spot Algo Orders: DOGS/BRL, DOGS/USDC, RARE/BRL, RARE/USDC
These automated trading tools are designed to help users manage their trades more efficiently by executing orders based on predefined strategies.
Additional Information
Binance has clarified that BRL, TRY, and EUR are fiat currencies and do not represent any other digital currencies. Furthermore, users will enjoy discounted taker fees on all existing and new USDC spot and margin trading pairs until further notice.
It is important to note that the availability of these new trading pairs and services is subject to regional restrictions. Users residing in countries such as Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States, and certain regions of Ukraine will not have access to these new features.
Binance also emphasized that users need to complete account verification to participate in the trading of these new pairs. The list of restricted countries may change periodically due to legal and regulatory updates.
Disclaimer and Risk Warning
Binance has issued a disclaimer noting that digital asset prices are subject to high market risk and price volatility. The value of investments can go up or down, and users may not get back the amount invested. Trading Bots will execute orders as specified, even in volatile market conditions. Users are advised to carefully consider their investment experience, financial situation, and risk tolerance before making any investment decisions. For more details, users can refer to Binance's Terms of Use and Risk Warning.
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