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Home News Crypto

Binance Adds New Trading Pairs and Launches Trading Bots Services

5 May 2025
in Crypto, News
Reading Time: 2 mins read
111 2
source: cryptotimes.io

source: cryptotimes.io

Binance has announced the addition of two new trading pairs to its Spot platform—ENJ/USDC and VIRTUAL/TRY set to go live on May 6, 2025, at 08:00 (UTC).

In tandem with the launch, the exchange will activate Trading Bots services for these pairs, giving users the option to automate their trading strategies right from the start.

This rollout of Trading Bots is part of Binance’s broader effort to enhance the trading experience by introducing greater flexibility and advanced tools. Spot Algo Orders will support the new pairs, streamlining the trading process for novice and experienced users.

To further incentivize trading, Binance offers discounted taker fees on all USDC spot and margin pairs, including the newly listed ones. However, access to these features is subject to regional eligibility. Due to regulatory constraints, residents of certain jurisdictions—including the United States, Canada, and various U.S. territories—cannot trade these new pairs.

Users must complete account verification to access these trading features in line with compliance requirements. Binance emphasizes that the availability of these services may change based on evolving legal and regulatory conditions.

In another strategic expansion, Binance introduced StakeStone (STO) across several of its product offerings. STO is now available on Simple Earn as a Flexible Product, allowing users to earn passive income. Simultaneously, users can buy STO through multiple payment methods, including cards and digital wallets, or convert STO to Binance Convert with zero trading fees. STO is now a borrowable asset on Cross and Isolated Margins, with trading pairs STO/USDT and STO/USDC. Traders are advised to be cautious due to the high volatility of newly listed tokens.

Notably, Binance recently implemented a new regulatory requirement, which started on April 30 in South Africa, requiring users to provide detailed sender and receiver information for all crypto deposits and withdrawals. This includes the sender’s full name, country of residence, and, if applicable, the originating exchange. Withdrawals will also need similar beneficiary details before processing.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: BINANCE
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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