Binance Adds XRP and Dogecoin to Smart Arbitrage Portfolio, Triggering Price Surge

user avatar

by Giorgi Kostiuk

2 years ago

Binance has added XRP and Dogecoin to its Smart Arbitrage offerings, marking a positive move for both assets. The new listing opens fresh opportunities for investors and has sparked market activity.

New Arbitrage Opportunities for XRP and Dogecoin Investors

According to Binance, investors can now participate in XRP and DOGE investments with a low entry amount of just 12.5 USDT. Previously, the Smart Arbitrage portfolio only included major assets like Bitcoin, Ethereum, and Solana. This new feature balances futures market positions with spot market trades, reducing risk and maximizing profit potential.

XRP and Dogecoin Rally with Binance Listing

Following Binance’s announcement, market expectations have risen for both XRP and Dogecoin. Positive speculation around a potential XRP ETF launch, along with Elon Musk’s involvement in new projects, has increased investor focus on these tokens. XRP has climbed 9% over the past week to $0.55, while Dogecoin is up 3% in the last 24 hours and 25% over the week.

Binance Celebration and Campaign

The campaign celebrating this new listing runs through November 21, offering participants up to 20.95% APR on their XRP and DOGE investments. Additionally, users can claim a share of a 30,000 USDT reward pool.

By enhancing its Smart Arbitrage features, Binance aims to create new investment opportunities, enabling users to diversify and manage risk more effectively.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Criminals Use AI-Powered Tools for Cyber Attacks in India

Criminals are using AI-powered tools to conduct financially motivated cyber attacks against entities in India.

user avatarAisha Farooq

MEXC Enhances Security Measures and Capital Reserves

MEXC enhances its security framework and capital reserves by adding 1,000 BTC to its Futures Insurance Fund, aiming to protect user assets and provide a risk buffer during extreme market conditions.

user avatarTenzin Dorje

MEXC Unveils AI Trading Report with Key Insights from Crypto Traders

MEXC has released an AI Trading Report based on a survey of 3,708 crypto traders, highlighting the use of AI in trading strategies and user preferences for control and risk management.

user avatarBayarjavkhlan Ganbaatar

BingX EU Achieves MiCA License to Expand Crypto Services in Europe

BingX EU MEGE zweite GmbH has obtained a MiCA license from Austria's FMA, allowing it to offer regulated crypto services across 29 EEA countries.

user avatarMohamed Farouk

Zcash Faces 11% Decline Amid Growing Market Concerns

Zcash has experienced an 11% decline in the past 24 hours, raising concerns about market stability and the impact of AI on cryptography.

user avatarElias Mukuru

HTX Strengthens Global Compliance and Showcases at TOKEN2049

HTX has made significant strides in global compliance initiatives while participating in TOKEN2049, a major event in the crypto industry held in Singapore.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.