CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
CoinGape 2025-03-17 10:40:33

Binance Unveils Major Backing For MKR, EPIC, & These 3 Crypto, What’s Happening?

Crypto exchange titan Binance again caused a market stir with its latest announcement on five crypto tokens this Monday. Notably, the exchange revealed plans to launch new spot trading pairs for MKR, EPIC, DF, GMX, and RPL shortly ahead. In an upshot, crypto traders and investors anticipate whether the enhanced market support on one of the top exchanges could propel a price rally ahead. Binance Expands Trade Offerings For MKR, EPIC, & These 3 Crypto An official announcement on March 17 conveyed that the crypto exchange would open trading for five new pairs soon. Starting March 18 at 08:00 UTC, traders and investors remain poised to enjoy the following trading pairs on the platform: New Trading Pairs Available On Binance Spot DF/USDC EPIC/USDC GMX/USDC MKR/USDC RPL/USDC What More Services Will Launch Ahead? Simultaneously, the leading cryptocurrency exchange will commence ‘Trading Bots’ services for the abovementioned pairs on the same date and time. Spot Algo orders for these tokens will also be accepted starting at the same time duration. Why The Enhanced Trade Offerings? Binance revealed in its announcement that the decision comes to expand users’ trade offerings. The crypto exchange forges ahead with its mission to offer traders emerging market opportunities in the best way possible. While this mover is poised to enhance users’ trading experience, the top crypto exchange continues to cement its global ranking, magnetizing market participants with improved offerings. “Users will enjoy discounted taker fees on all existing and new USDC spot and margin trading pairs until further notice,” the announcement added. Here’s The Twist However, Binance underlined a list of countries where it will not launch these offerings. These regions are: Canada Cuba Crimea Region Iran Netherlands North Korea Syria United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, and the U.S. Virgin Islands). Any non-government-controlled areas of Ukraine. The exchange may update this list periodically, subject to legal, regulatory, or other changes ahead. Why Is The Binance Announcement Bullish For Tokens? For context, new spot listings on crypto exchange giants pave the way for increased investor interaction with the assets. As a result, market sentiments turn bullish as a potential money influx in coins awaits. Historically, spot listings on the same exchange have proved bullish news for the crypto community. Notably, another hot market buzz, Pi Network (PI), is speculated to be listed on the same CEX shortly. As an upshot, traders and investors eye price gains in the asset ahead. Similarly, the abovementioned tokens also remain optimistically eyed by investors amid new listings. The post Binance Unveils Major Backing For MKR, EPIC, & These 3 Crypto, What’s Happening? appeared first on CoinGape .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.