As a seasoned crypto investor with a knack for spotting trends and a penchant for taking calculated risks, this Binance announcement has definitely piqued my interest. I remember vividly the surge of excitement when Binance first listed some of the big names like Bitcoin and Ethereum, and now they’re adding lesser-known gems like Jito (JTO), Lido DAO (LDO), Stacks (STX), EOS, and Nervous Network (CKB).
Starting today, Binance – the world’s biggest cryptocurrency exchange – announced its decision to list several popular cryptos against US Dollar Coin (USDC) in both cross and margin trading. These new additions include Jito (JTO), Lido DAO (LDO), Stacks (STX), EOS, and Nervous Network (CKB). As a result, the markets reacted promptly, leading to an uptick in the prices of these digital assets.
Binance Adds Key Crypto In USDC Pairs
On July 31, Binance officially unveiled its intention to introduce fresh cryptocurrencies for trading with USDC in both cross and isolated margin markets.
The cryptocurrency exchange has introduced new trading options for several pairs: CKB with USDC, EOS with USDC, IO with USDC, JTO with USDC, LDO with USDC, MANTA with USDC, OMNI with USDC, PIXEL with USDC, and STX with USDC. Once the announcement is made, traders can begin transactions on these crypto pairs right away.
“According to Binance Margin, we’re committed to improving your trading journey by regularly assessing and broadening the selection of trading options available on our platform,” said the exchange. “This expansion allows users to create more diverse portfolios and gives them the ability to adapt their strategies with greater flexibility.”
As a crypto investor, I’ve got exciting news! The crypto exchange I use has just added Render (RENDER) to their list of loanable assets. This token was recently listed on their platform following its migration from the Ethereum blockchain to the faster and more efficient Solana blockchain. Now, I can leverage my Render holdings in new ways within this dynamic crypto ecosystem.
Crypto Tokens Witness Slight Rebound
After being listed on Binance, JTO soared by 4%, and its current trading price is $3.33. The lowest and highest points within the last 24 hours were $3.07 and $3.35 respectively. Interestingly, the trading volume has dropped by 23% over the same period. On a positive note, JTO futures have seen a significant increase in open interests, with an uptick of more than 17% within the last 4 hours.
In the past few hours, both LDO and STX prices surged by 3%. This surge appears to have originated from futures traders, as there was also a 3% increase in Lido DAO and Stacks futures over the last 4 hours. The significant buying activity took place on Binance and Bybit exchanges, but traders are staying vigilant due to an upcoming US Fed rate decision.
EOS, CKB, MANTA, PIXEL and OMNI also rebounded slightly, but continue to remain under pressure.
Read More
- SOL PREDICTION. SOL cryptocurrency
- USD PHP PREDICTION
- BTC PREDICTION. BTC cryptocurrency
- USD COP PREDICTION
- TON PREDICTION. TON cryptocurrency
- Strongest Magic Types In Fairy Tail
- ENA PREDICTION. ENA cryptocurrency
- LUNC PREDICTION. LUNC cryptocurrency
- AAVE PREDICTION. AAVE cryptocurrency
- TWT PREDICTION. TWT cryptocurrency
2024-07-31 11:32