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Binance Announces New Trading Pairs and Services

Binance announces a series of updates aimed at enhancing user experience and expanding trading options.

by Isaac lane
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Binance

In a move to broaden the range of trading choices available on Binance Spot, the exchange is set to introduce several new trading pairs. Starting from April 30, 2024, users will have access to trading pairs such as ADA/JPY, SHIB/JPY, SOL/JPY, and XRP/JPY, providing greater flexibility and opportunity for traders.

Introduction of Trading Bots Services

Alongside the new trading pairs, Binance will also enable Trading Bots services for the ADA/JPY, SHIB/JPY, SOL/JPY, and XRP/JPY pairs. This addition aims to streamline trading processes and enhance efficiency for users engaging in these markets.

Support for Sei (SEI) Network Upgrade

Binance announces its support for the Sei (SEI) network upgrade, scheduled to commence on April 30, 2024. To facilitate the upgrade and ensure a seamless transition, it will temporarily suspend deposits and withdrawals of SEI tokens. The network upgrade is expected to enhance user experience and optimize the performance of the SEI network.

Renzo (REZ) Integration Across Binance Services

Exciting news for users as Renzo (REZ) is introduced across various Binance services. Starting from April 30, 2024, Renzo will be available on Binance Simple Earn, “Buy Crypto”, and Binance Convert. Additionally, Renzo will be added to Binance Margin, Binance Futures, and Binance Auto-Invest on specified dates.

New Loanable Assets on Binance Loans (Flexible Rate)

Binance expands its loanable assets on Binance Loans (Flexible Rate), offering users greater flexibility and options. The newly added assets include Holo (HOT), Jito (JTO), Manta Network (MANTA), MANTRA (OM), NFPrompt (NFP), and Portal (PORTAL), providing users with more opportunities for collateralization and borrowing.

Users trading JPY pairs on Binance Spot will enjoy zero maker and taker fees until further notice, enhancing accessibility and affordability for traders engaging in these markets.

Important Notes for Users

Trading of new trading pairs and services is subject to eligibility based on the user’s country or region of residence. Users are advised to complete account verification to participate in trading activities involving these new assets and services.

As market conditions may fluctuate, Binance reserves the right to adjust the specifications of trading contracts, including funding fees, leverage, and margin requirements, to ensure optimal trading conditions and risk management.

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