Binance just added some crypto assets to its existing lineup of digital coins listed for trading on its platform. These newly introduced cryptocurrencies including Jito (JTO), Lido DAO (LDO), Stacks (STX), EOS, and Nervous Network (CKB) are available in USDC pairs. This move is to provide users with more options to trade the tokens.Â
Binance Listing Bolstered Token PriceÂ
Per the announcement from Binance, the actual trading pairs include CKB/USDC, EOS/USDC, IO/USDC, JTO/USDC, LDO/USDC, MANTA/USDC, OMNI/USDC, PIXEL/USDC, and STX/USDC.
According to the exchange, this move is aimed at enhancing the user trading experience. It is all about giving users more choices to diversify their portfolios and be flexible with their trading strategies. Notably, right after these listings were announced, the market reacted swiftly, leading to a price rebound for these tokens.
Some of the listed assets such as JTO, LDO and STX, Lido and DAO and Stacks futures also spiked following the listing news. Just like these new additions, Binance exchange also introduced Render (RENDER) as part of its loanable assets’ offerings. This was done post the virtual asset’s transition from Ethereum to Solana blockchain.
Binance now have a very rich history of listing promising tokens. This has helped complement its delisting efforts in the industry. As a way to balance its offerings, the trading firm occasionally delists non-performing pairs. One of its latest moves features Bitcoin and USDT pairs as reported by BGEcrypto.
Big Moves in the Crypto Industry
The exchange has shown its unwavering dedication and resilience in providing quality services to its users globally. It remained focused on pushing forward with its innovative efforts, even with the legal struggles with the U.S. regulatory agencies.
Recently, the leading trading platform unveiled the first projects to be admitted into its Season 7 incubation program. This is in its bid to boost the adoption of the Web3 world. In addition, the exchange recently secured approval to invest into US Treasury bonds with customers’ assets.
Disclaimer: The information provided in this article is for informational purposes only. It does not constitute investment, financial, trading, or any other sort of advice. You should not treat any of BGEcrypto’s content as such. BGEcrypto does not recommend that any cryptocurrency should be bought, sold, or held by you. Do your due diligence and consult your financial advisor before making any investment decisions.
