Binance has been shaking up the market with some major announcements this week. In addition to introducing new cryptocurrencies and removing specific pairs, the exchange has relaunched its popular “button game,” now with a tempting prize: 1 Bitcoin (equivalent to about $425,000). This prize represents a big improvement over the previous edition, which distributed 5 BNB (about $17,000).
Binance Removes Trading Pairs to Maintain Quality
Binance announced the removal of the COS/BTC and FXS/BTC trading pairs this Friday (8). In an official statement, the broker justified that this decision aims to "protect users and maintain a high-quality trading market". Although the pairs are removed, the affected cryptocurrencies, Contentos (COS) and Frax Share (FXS), remain available for trading in other pairs.
Following the announcement, COS and FXS saw a slight drop, although they still trailed Bitcoin’s rally. This is a move that reflects Binance’s commitment to improving the trading experience and market stability.
Binance Lists Two New Cryptocurrencies on Spot Market
In contrast, Binance also announced the listing of Cow Protocol (COW) and Cetus Protocol (CETUS) on the spot market. Both cryptocurrencies were launched with a “seed” tag, indicating that they are emerging assets and may experience above-average volatility.
Since listing, COW has seen an impressive 86% gain in the past seven days, while CETUS has jumped 106% in the same period. These significant increases highlight the impact a Binance listing can have, potentially attracting the attention of new investors.
Additionally, in the futures market, Binance has added Mog Coin (MOG) and Ponke (PONKE), strengthening its portfolio of assets for trading.
1 Bitcoin in Play: The Return of the “Button Game”
To the delight of many, Binance has relaunched the “button game”, now with a reward of 1 Bitcoin. The mechanics are simple but challenging: the timer starts at 60 seconds and each click by a new participant resets the counter. The goal is to be the first to reset the timer, but if no one manages to do so during the 30 days of the campaign, the prize will go to whoever gets closest to 00:00.
Binance also allows users to increase their chances by completing tasks on the platform, such as completing daily check-ins or trading over $50. This promotion creates an interactive and strategic experience, encouraging participants to organize themselves to improve their chances of winning.
“To celebrate Bitcoin reaching a new all-time high (ATH), we decided to relaunch the Bitcoin Button Game for the community. Participate and win 1 BTC if you can be the first to count to 00:00!”
