Binance, one of the leading platforms in the cryptocurrency world, has made a significant innovation in order to improve the user experience and expand the trading options. As of November 22, 2024, the platform aims to offer various opportunities to both individual investors and professional traders by introducing new spot trading pairs. With new trading pairs and zero commission advantage, Binance continues its innovative approach in the cryptocurrency market.

Binance Announces New Trading Pairs

Binance, one of the world's largest cryptocurrency exchanges, is adding new spot trading pairs to provide its users with a wider range of trading options and improve their trading experience. The platform announced that it will launch APE/FDUSD, FDUSD/USDC, HBAR/USDC, OM/USDC, RAY/USDC, TAO/USDC and TURBO/FDUSD trading pairs as of November 22, 2024, at 11:00 (UTC).

Binance is also making its Trading Bots service compatible with these new pairs. Traders will be able to automate their trading strategies using the Spot Algo Orders feature on the following trading pairs:

  • APE/FDUSD

  • FDUSD/USDC

  • HBAR/USDC

  • OM/USDC

  • RAY/USDC

  • PEOPLE/USDC

  • TURBO/FDUSD

This feature will allow users to automate their trading strategies and take advantage of opportunities in the markets faster.

Zero Commission Advantage

Binance also announced that it will apply zero commission for the FDUSD/USDC trading pair. This benefit will start on November 22, 2024, at 11:00 (UTC) and will continue until further notice by Binance. The zero commission policy offers an important opportunity for investors who want to trade at low costs.

Eligibility Requirements

Access to new trading pairs may vary depending on the country or region where the user resides. Binance noted that it has implemented restrictions in some countries to comply with local regulations. The countries subject to these restrictions are:

  • You have

  • Cuba

  • Crimea Region

  • İran

  • Holland

  • North Korea

  • Syria

  • United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, and U.S. Virgin Islands)

  • Non-government controlled regions of Ukraine

Binance has stated that these restrictions may be updated over time due to legal and regulatory changes. Users must complete the account verification process to trade these trading pairs.

In conclusion

With this new move, Binance aims to increase diversity in the cryptocurrency market and offer users more flexible trading opportunities. These updates, with zero commission and Trading Bots features, will make Binance users' trading activities more efficient and help them optimize their trading strategies.