- More trading options for eligible users
- Binance and meme coins
- Market reaction
The world’s largest crypto exchange Binance continues to expand its list of trading pairs and services to enhance user experience and respond to current market trends.
More trading options for eligible users
Binance announced the addition of new trading pairs on Binance Spot: DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC. Trading bot services will also be available for some new pairs. These options will not be available to users from various countries, including the USA, Canada, and others.
Binance and meme coins
In recent years, Binance has embraced numerous meme coins, often leading to significant price rallies for these assets. An example is Bonk Inu (BONK), which hit an all-time high after being listed on Binance.
Market reaction
The latest Binance announcement has not led to substantial price increases for the involved cryptocurrencies. DOGS charted some gains over the past 24 hours, while PEPE and BONK remain in red territory. The overall market downturn has negatively impacted the prices of many cryptocurrencies.
The new Binance trading pairs expansion aims to improve user experience, but restrictions for certain countries remain. The overall market downturn continues to affect the prices of many cryptocurrencies.
