The exchange Binance has announced the addition of new USDC trading pairs and the integration of trading bots on its platform to enhance user experience.
New Trading Pairs
Trading for the DF/USDC, EPIC/USDC, GMX/USDC, MKR/USDC, and RPL/USDC pairs will open on March 18, 2025, at 08:00 UTC.
Integration of Trading Bots
Binance is introducing Trading Bots services for the new pairs through its Spot Algo Orders feature, allowing users to automate and optimize their trades. Discounted taker fees will also be available for all existing and new USDC pairs until further notice.
Regional Restrictions and Platform Changes
Trading the new pairs is subject to regional eligibility due to regulatory restrictions, barring users from countries like the United States and Canada. Binance urges users to complete account verification before trading the new pairs. Additionally, the exchange has adjusted collateral ratios, reducing them for CELO and IOTX from 80% to 70%, LRC and ALICE from 80% to 65%, and AUDIO and ICX from 70% to 55%.
Updates on Binance, including new trading pairs and changes in collateral ratios, expand user opportunities but require attention to regional restrictions and financial risks.
