Binance, one of the leading cryptocurrency exchanges, is preparing to introduce new spot trading pairs and Trading Bots services that will provide users with additional opportunities to participate in the ever-evolving crypto market. Additionally, Binance will support the upcoming Cosmos (ATOM) network upgrade, ensuring a smooth transition for its users. Here are the details…
Binance makes available various trading pairs
Starting at 11:00 UTC on December 14, 2023, Binance will begin trading for several new spot trading pairs. These include FIDA/TRY, INJ/FDUSD, IOTA/TRY, MEME/ETH, SAND/FDUSD and SHIB/FDUSD. This expansion of trading pairs provides users with a wide variety of options to explore and diversify their portfolios. Simultaneously, Binance will enhance users’ trading experiences by enabling Trading Bots services for select trading pairs.
Trading Bot services for Spot Grid, Spot DCA and Rebalancing will be available for BLUR/USDT, JTO/USDT and VANRY/USDT starting from 14.12.2023 at 11:00 UTC. Additionally, users trading FDUSD pairs will benefit from zero maker fees until further notice, providing an incentive for increased activity on the platform.
Support for Cosmos (ATOM) upgrade
On the other hand, Binance is actively supporting the Cosmos (ATOM) network upgrade, which is scheduled to occur at block height 18,262,000 or around 14:00 UTC on December 13, 2023. During this period, token deposits and withdrawals on the Cosmos network will be temporarily suspended starting on December 13, 2023 at 13:00 UTC. Despite the temporary suspension of deposits and withdrawals, token trading on the Cosmos network will not be affected. Binance ensures a smooth transition during the network upgrade by assuring users that all technical requirements will be met by the platform.
Deposits and withdrawals for tokens on the Cosmos network will be reopened once the upgraded network is deemed stable. Binance is committed to informing users about the resumption of services before any additional announcements are issued. As a result, Binance continues to demonstrate its commitment to providing its users with a dynamic and secure trading environment.
Binance continues its market moves
Users can expect a dynamic journey in the crypto market as Binance opens up new realms of possibilities with the introduction of exciting trading pairs and advanced Trading Bots services. Zero maker fees on FDUSD trading pairs add extra appeal to the transaction. Also noteworthy is Binance’s proactive support for the Cosmos (ATOM) network upgrade. While there will be a temporary pause in deposits and withdrawals, ATOM trading on the Cosmos network will not be affected. Binance said it is ready to handle all technical aspects during the upgrade, ensuring a smooth transition.
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