In a move that can only be described as a veritable tempest in a teapot, the world’s largest cryptocurrency exchange, Binance, has decided to shake things up in its spot trading offerings. New trading pairs are being ushered in like a fresh batch of scones, while the old ones are being unceremoniously tossed out like last week’s leftovers. 🍞
Commencing tomorrow, Binance will unveil five new trading pairs, including the illustrious CVC/USDC, which features Civic—a token that is, quite frankly, as exciting as watching paint dry, but is tied to a blockchain-based identity verification service. Who knew identity could be so thrilling? 🎉
Next on the list is the EURI/USDC pair, a euro-pegged stablecoin that promises to maintain a stable value tied to the euro. It was previously spotted in the illustrious portfolio of Changpeng Zhao, which is about as exciting as finding a five-dollar bill in your winter coat. For those keen on navigating the murky waters of crypto-fiat trading, this is your golden ticket! 🎟️
For the fiat aficionados, USDC/RON is making its grand entrance, featuring the Romanian leu. Yes, you heard that right! Binance is expanding its reach into the traditional currency markets, because why not? 🌍
Then we have SYN/USDC, showcasing Synapse—a cross-chain bridging protocol that connects different blockchains. It’s like a digital matchmaker, but for cryptocurrencies. And let’s not forget VELODROME/USDC, linked to Velodrome, a decentralized exchange token that plays a pivotal role in DeFi liquidity incentives. Because who doesn’t love a good liquidity incentive? 🏎️
And the losers are…
On the flip side, some trading pairs are being shown the door. Come March 14, 2025, at 3:00 a.m. UTC, Binance will be delisting IDEX/BTC, LQTY/BTC, and THE/BNB. These pairs, tied to decentralized exchanges and borrowing platforms, simply didn’t meet Binance’s lofty liquidity and trading volume requirements. Better luck next time, chaps! 👋
In addition to these changes, Binance is launching Trading Bots services, including Spot Algo Orders for the new pairs. And as a cherry on top, there’s a delightful bonus—discounted taker fees on all USDC spot and margin trading pairs, both old and new. Because who doesn’t love a good discount? 💸
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2025-03-12 18:54