Binance has announced the addition of several new trading pairs to its Spot market, further broadening its offerings for users.
Starting April 3 at 08:00 UTC, traders will gain access to API3/USDC, AUCTION/TRY, AUCTION/USDC, BANANA/USDC, GUN/USDC, QNT/USDC, and THETA/USDC pairs.
The platform is also rolling out Trading Bots services for select pairs in line with this expansion. Spot Algo Orders will be available for all newly listed pairs, while Spot Grid and Spot DCA trading will support AAVE/USDC, ACT/USDC, PNUT/USDC, SEI/USDC, and VIC/USDT. These tools aim to enhance automated trading strategies and improve efficiency for users.
As part of Binance’s ongoing efforts to incentivize trading, users will continue to benefit from discounted taker fees on all USDC spot and margin trading pairs until further notice. However, trading eligibility remains subject to regional restrictions, with users in Canada, Cuba, the United States, Iran, North Korea, and several other jurisdictions unable to access the newly listed pairs.
Binance emphasized that all users must complete account verification to participate in trading these pairs. The exchange also cautioned that regulation changes or market conditions could lead to updates in the list of restricted countries.
In compliance with the EU’s MiCA regulations, Binance reiterated that unauthorized stablecoins will face certain restrictions for EEA users starting June 30, 2024. Meanwhile, the exchange reminded traders of the inherent risks in digital asset trading, including market volatility and potential losses, urging users to assess their financial situation before investing.
In addition to these updates, Binance has adjusted collateral ratios in its Portfolio Margin mode, lowering ratios for CELO and IOTX to 70%, LRC and ALICE to 65%, and AUDIO and ICX to 55%. Users are advised to monitor their Unified Maintenance Margin Ratio (uniMMR) to avoid liquidation or losses. Additionally, Binance is expanding its VIP Loan program and spot trading offerings to enhance trading efficiency and provide more flexible financial solutions for institutional investors and high-net-worth individuals.
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