asia 711 crypto neutral
Binance, the world’s largest cryptocurrency exchange, has announced the addition of six new spot trading pairs, including ATOM/FDUSD, AVAX/FDUSD, BAND/TRY, BCH/FDUSD, LOOM/TRY, and MATIC/FDUSD. They will also introduce Spot Grid and Spot DCA Trading Bots for the NTRN/USDT and PENDLE/USDT pairs. Users will enjoy zero maker fees on FDUSD trading pairs until further notice. FDUSD is a stablecoin issued by First Digital Limited in Hong Kong, pegged 1:1 with the US dollar. Binance recently added the XRP/FDUSD pair to its platform.In addition to these new offerings, Binance has removed several BUSD trading pairs due to reasons such as low liquidity. The delisted pairs include 1INCH/BUSD, AERGO/BUSD, ANKR/BUSD, DATA/BUSD, DIA/BUSD, LOKA/BUSD, LRC/BUSD, OM/BUSD, POLYX/BUSD, RARE/BUSD, SLP/BUSD, SUSHI/BUSD, THETA/BUSD, and more. Binance conducts periodic reviews of listed spot trading pairs and may delist pairs based on factors like poor liquidity and trading volume.It is important to note that Binance plans to discontinue support for BUSD by early 2024 and advises users to convert their holdings to other assets before February of that year.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Asia
Countries 🇭🇰
Sentiment neutral
Relevance Score 1
People None
Companies First Digital Limited, Binance
Currencies Cosmos Hub, First Digital USD, Avalanche, Band Protocol, Bitcoin Cash
Securities None

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