Binance Issues Vital Update On Dogs, Pepe Coin, Solana & Other Tokens
Binance is set to launch new spot trading pairs and trading bots services for certain Dogs, Pepe Coin, Solana, and other crypto pairs
Binance today revealed new spot trading pairs for DOGS and RARE tokens.
The exchange also unveiled a stockpile of new trading bots services for other tokens such as Solana, Pepe Coin, and Ethereum.
However, the coins today witness a bearish movement mirroring the broader market trend.
Binance Launches New Spot Trading Pairs & Bots Services
In an official announcement dated August 28, the crypto exchange revealed that it is looking to expand user offerings, revealing new spot trading pairs and bots services for specific crypto pairs. As per the Binance announcement, the exchange will commence spot trading for DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC trading pairs today at 13:00 UTC.
Further, the crypto exchange will also commence Spot Grid and Spot DCA trading bots services for 1000SATS/TRY, BONK/TRY, ETH/EUR, PEPE/TRY, SOL/EUR, and USDC/USDT pairs. In addition, Spot Algo orders for DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC are also to be kickstarted on the same date and time.
As mentioned above, the announcement has sparked optimism primarily because it lays the groundwork for enhanced global user exposure (offering trading options in various fiat currencies). However, Binance also clarified in its announcement that the listing announcement may be updated periodically to ensure compliance with regulatory, legal, and any other factors in play.
How Are These Coins Performing?
Meanwhile, despite the optimistic announcement by Binance, the abovementioned tokens today traded in the red zone, mirroring the broader market trend. For context, the global crypto market cap plunged over 5% today, whereas Bitcoin and major crypto prices traded dominantly in the red territory.
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