TRY Parities Are Increasing In Crypto: “Large Volume In The Midst oLOf Inflation”

Binance began to increase the TRY parity in cryptocurrencies by evaluating the tendency of Turkish investors against inflation.

#Binance published an announcement regarding new trading pairs and zero fee campaign. According to the announcement, cryptocurrencies such as SHIB, INJ and SAND will be available for zero-fee trading on the Binance exchange. The zero fee campaign valid for these cryptocurrencies will be valid for TUSD parity.

Additionally, Binance introduced the use of trading bots in BLUR/USDT, JTO/USDT, VANRY/USDT parities. Users will be able to use Spot Grid and Rebalance Bot in these pairs. Another topic included in Binance's announcement was the TRY parity.

Binance announced that new parities will be launched on December 14. Binance added #TRY parity to FIDA and IOTA coins. CoinGape stated that the TRY parity was increased in order to meet the increasing user demand due to increasing inflation in the country.

Binance aims to gain transaction volume by opening TRY parity in more cryptocurrencies due to the increasing number of Turkish investors. Additionally, Binance aims to enable users to trade more comfortably. This move of the stock market is not new. The other day, Binance listed SATS, the BRC20 token, in three different parities on the stock exchange. One of these parities was SATS/TRY.

SATS, the popular BRC20 token, achieved a volume of 2 billion TL in the last 24 hours in TRY parity. BTC/TRY parity, which was traded at 1.2 million TL, recorded a volume of 204 million TL in the last 24 hours. Last week, the exchange also listed JTO, the new token of the Solana ecosystem. Binance, which also opened TRY parity in JTO, achieved a volume of 393 million TL in the last 24 hours.

TRY parities, where large volumes return, have become Binance's favorite. It was especially noteworthy that when listing SATS, it was listed as USDT, TUSD and TRY. Binance does not neglect to emphasize that TRY is a fiat currency in its listing announcements.

$BTC