📢 #Binance announced on Thursday, July 11, that it will add new trading pairs for two new cryptocurrencies, SATS (Ordinals) and io net (IO).
🔹 What does this mean? In cryptocurrencies, a “trading pair” means you can trade between two different cryptocurrencies. For example, you can trade between Bitcoin ( $BTC ) and Ethereum (ETH). Binance is adding trading pairs where you can exchange #SATS and #IO cryptocurrencies with USD Coin (USDC).🔹 When will it start? These new trading pairs (1000SATS/USDC and IO/USDC) will be available for trading on Binance starting from 17:00 on July 12, Turkey time. So, from now on you will be able to buy and sell SATS and IO cryptocurrencies using USDC.
🔹 What are Spot Algo transactions? Spot transactions are markets where#cryptocurrenciesare bought and sold instantly. Algo transactions also work with the same logic. With these new pairs, you will be able to buy and sell SATS and IO cryptocurrencies using #USDC.