Binance, the world's leading cryptocurrency exchange, announced a significant update involving Dogecoin ($DOGE), AAVE, NEAR, and Polygon (MATIC). The exchange is introducing new spot trading pairs and trading bot services for these cryptocurrencies as part of its effort to enhance the user experience on the platform.
In an official statement released on August 21, Binance disclosed plans to launch new trading pairs and bot services for the aforementioned tokens. Spot trading for the crypto pairs AAVE/FDUSD, DOGE/JPY, MATIC/JPY, NEAR/JPY, and TON/USDC is set to begin on August 22 at 08:00 UTC.
Additionally, Binance will be enabling trading bot services, including Spot Grid and spot DCA, for several trading pairs such as BANANA/USDT, BTC/EUR, BTC/TRY, LISTA/USDT, TAO/USDT, and TON/USDT. Rebalancing bot services will also be available for the BANANA/USDT, LISTA/USDT, TAO/USDT, and TON/USDT pairs.
Moreover, the exchange announced that spot Algo orders for the pairs AAVE/FDUSD, DOGE/JPY, MATIC/JPY, NEAR/JPY, and TON/USDC will be accepted starting August 22. The inclusion of fiat currencies like JPY, TRY, and EUR is expected to increase the platform's appeal to users in various global trading regions.
How Are The Coins Performing?
The tokens mentioned above exhibited mixed price movements today, leading to speculation among investors worldwide. Dogecoin’s price declined by 0.41% over the past day, settling at $0.1047, while TON’s price fell by 3% to $6.68.
On the other hand, AAVE saw a price increase of 8%, reaching $139.28. Similarly, MATIC’s value rose by 6.96% to $0.4716. Meanwhile, NEAR experienced a slight decline of 0.5%, with its price resting at $4.07.
Interestingly, data from LookonChain revealed that whales are accumulating AAVE, with approximately $8 million worth of the token acquired recently. This accumulation, coupled with Binance’s announcement, has generated increased optimism for AAVE.
Binance has also been active in other areas, recently announcing developments such as the listing of Voxies futures and the DOGS launchpool, among others. These ongoing advancements further solidify Binance’s position as a dominant force in the digital assets industry.
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