As a seasoned crypto investor with a deep understanding of the market, I’m always on the lookout for new opportunities and innovative features that can help me maximize my returns. Binance’s recent announcement of adding 50 new spot copy trading pairs to their platform is an exciting development for me.
Binance, the biggest crypto exchange globally, revealed on Wednesday its intent to list 50 more cryptocurrencies for spot copy trading. Among these new additions are popular cryptos like Notcoin (NOT), Axie Infinity (AXS), Immutable (IMX), 1inch Network (1INCH), and Astar (ASTR).
With spot copy trading, inexperienced traders have the ability to mimic the instantaneous trading actions of successful and proficient investors, all while monitoring crucial statistics like return on investment (ROI) and profit and loss (PnL). Furthermore, accomplished traders can collect a 10% revenue share from their followers’ profits, as well as 10% commissions off their followers’ transaction fees. Plus, they may enjoy additional advantages.
Binance Adds 50 Spot Copy Trading Pairs
Binance, the renowned cryptocurrency exchange, made an official declaration on June 5 about extending the roster of cryptos accessible for spot copy trading to enhance user convenience. Starting from 08:00 UTC on June 7, 2024, users can commence trading popular digital currencies such as Notcoin (NOT), Axie Infinity (AXS), Immutable (IMX), 1inch Network (1INCH), and Astar (ASTR) among others.
Binance is announcing the availability of new crypto-to-stablecoin trading pairs: 1INCH/USD, BEAMX/USD, IMX/USD, ONT/USD, Sushi/USD, ACH/USD, BNB/USD, IOST/USD, PHB/USD, TNSR/USD, ADX/USD, Celo/USD, IOTA/USD, Polyx/USD, TRB/USD, API3/USD, Elrond/USD, Livepeer/USD, RDN/USD, Truffle/USD, Astar/USD, EnjinCoin/USD, and Mina/USD.
As a crypto investor, I often come across various asset pairs in the market. Instead of saying “REZ/USDT, UMA/USDT, AUCTION/USDT, and so on,” I would paraphrase it as “I frequently encounter pairs like REZ connected to USDT, UMA linked to USDT, and so forth.” This way maintains a conversational tone while keeping the information clear.
As a crypto investor, I’m excited to share that my preferred exchange introduced Spot Copy Trading in mid-May, following immense customer requests after the successful launch of Futures Copy Trading last year.
Notcoin (NOT) Price Fell on Profit Booking
In the past 24 hours, the price of this asset saw a decrease of 8%, reaching its current value at $0.02264. The lowest and highest prices within this timeframe were $0.02146 and $0.02644 respectively. This price change may be attributed to profit taking by traders. Moreover, there has been a surge in trading activity, with a 24% increase in volume compared to the previous day, signaling heightened investor attention.
In the burgeoning world of cryptocurrencies, Notcoin – a novel Telegram game – has garnered significant interest among market players. Users earn NOT tokens by simply tapping a virtual coin and finishing assigned tasks within this platform. Remarkably, Notcoin’s trading volume recently surpassed that of USDC, a stablecoin. Industry analysts forecast that Notcoin may experience additional upward price momentum before demand starts to wane.
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2024-06-05 10:33