Cryptocurrency exchange Binance has announced an expansion of trading pairs and the launch of new trading bot services. These innovations will take effect on November 20, 2024.
New Trading Bot Services
Binance will activate Spot Grid and Spot DCA bots for the ADA/USDC, DOGE/USDC, SUI/USDC, and XRP/USDC trading pairs. Additionally, the Spot Algo Orders service will be available for the ACT/BRL, ACT/EUR, CATI/USDC, ETH/EURI, LUMIA/TRY, PNUT/BRL, and PNUT/EUR trading pairs. These features aim to assist users in executing more flexible and strategic trades. For the ETH/EURI trading pair, Binance emphasizes that no maker fee will be applied, allowing trade without additional costs until further notice.
Restrictions and Country-Specific Applications
Due to legal regulations, the mentioned trading pairs will not be available in certain regions. Users from Canada, Cuba, Crimea, Iran, the Netherlands, North Korea, Syria, and the United States will not have access to these new trading pairs. Additionally, users in non-government-controlled areas of Ukraine will also be unable to benefit from these services.
Updates and Account Requirements
Binance requires users to complete account verification to access the new trading pairs. This requirement is implemented to ensure compliance with legal regulations. Users must follow the latest announcements while trading on the cryptocurrency exchange. Binance also noted that the list of supported countries and regions may be updated periodically due to changes in legal regulations.
Binance continues to enhance the user experience by expanding available trading pairs and introducing new features. Users should stay informed about updates and requirements to utilize the new opportunities.
