The world’s largest crypto exchange Binance on Wednesday said it will list some trending crypto in USDC trading pairs on cross and isolated margin. The crypto exchange plans to add some key tokens such as Jito (JTO), Lido DAO (LDO), Stacks (STX), EOS, and Nervous Network (CKB). Trades responded immediately and prices of these tokens saw recovery.
Binance Adds Key Crypto In USDC Pairs
Crypto exchange Binance in an official announcement on July 31 revealed the plan to add new crypto in USDC trading pairs on cross and isolated margin.
The crypto exchange has added CKB/USDC, EOS/USDC, IO/USDC, JTO/USDC, LDO/USDC, MANTA/USDC, OMNI/USDC, PIXEL/USDC, and STX/USDC pairs. Users can start trading these crypto pairs immediately after the announcement.
“Binance Margin strives to enhance user trading experience by continuously reviewing and expanding the list of trading choices offered on the platform, allowing for greater diversification of user portfolios and flexibility with trading strategies,” said the exchange.
In a separate announcement, the crypto exchange has also added Render (RENDER) under loanable assets products. Render was recently listed by the exchange after token migration from the Ethereum blockchain to the Solana blockchain.
Also Read: Terra Luna Classic To Raise LUNC Burn Tax To 1.5%?
Crypto Tokens Witness Slight Rebound
JTO jumped 4% after the Binance listing announcement, with the price currently trading at $3.33. The 24-hour low and high are $3.07 and $3.35, respectively. Furthermore, the trading volume has decreased by 23% in the last 24 hours. Jito futures open interests record massive increase in the 24 hours, with over 17% rise in past 4 hours.
LDO price and STX both jumped 3% in the last few hours. The buying came from futures traders as total Lido DAO and Stacks futures also saw a 3% rise in the last 4 hours. The major buying came on Binance and Bybit exchanges, but traders remain cautious ahead of the US Fed rate decision.
EOS, CKB, MANTA, PIXEL and OMNI also rebounded slightly, but continue to remain under pressure.
Also Read: Bank of Japan Rate Hike Leads to Bitcoin Volatility, All Eyes on US Fed Meeting
The post Binance Announces Listing Of These Trending Crypto Ahead Market Recovery appeared first on CoinGape.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed