Binance, one of the leading cryptocurrency exchanges, is preparing to introduce new spot trading pairs and Trading Bots services that will provide users with additional opportunities to participate in the ever-evolving crypto market. Additionally, Binance will support the upcoming Cosmos (ATOM) network upgrade, ensuring a smooth transition for its users. Here are the details…
Binance makes available various trading pairs
Before moving on to ATOM news, Binance made a new announcement. Starting at 11:00 AM ET on December 14, Binance will begin trading for several new spot trading pairs. These include FIDA/TRY, INJ/FDUSD, IOTA/TRY, MEME/ETH, SAND/FDUSD and SHIB/FDUSD. This expansion of trading pairs provides users with a wide variety of options to explore and diversify their portfolios. Simultaneously, Binance will enable Trading Bots services for select trading pairs. Thus, it will improve users’ trading experience.
Trading Bot services for Spot Grid, Spot DCA and Rebalancing were also brought to the agenda. These services will be valid for BLUR/USDT, JTO/USDT and VANRY/USDT as of 14.12.2023 11:00 CET. Additionally, users trading FDUSD pairs will benefit from zero maker fees until further notice. This provides an incentive for increased activity on the platform where coins such as ATOM are located.
Support for Cosmos (ATOM) upgrade
On the other hand, Binance is actively supporting the Cosmos (ATOM) network upgrade, which is scheduled to occur at block height 18,262,000 or around 14:00 UTC on December 13, 2023. During this period, token deposits and withdrawals on the Cosmos network will be affected. Because transactions will be temporarily suspended as of December 13, 2023 at 13:00 CET. Despite the temporary suspension of deposits and withdrawals, token trading on the Cosmos network will not be affected. Binance assured users that all technical requirements will be met by the platform. This ensures a smooth transition during network upgrade.
Deposits and withdrawals for tokens on the Cosmos (ATOM) network will be opened once the network is deemed stable. Additionally, Binance undertakes to inform users about the resumption of services before any additional announcements are issued. As a result, Binance continues to demonstrate its commitment to providing its users with a dynamic and secure trading environment.
Binance continues its market moves
Users can expect a dynamic journey in the crypto market as Binance opens up new realms of possibilities with the introduction of exciting trading pairs and advanced Trading Bots services. Zero maker fees on FDUSD trading pairs add extra appeal to the transaction. Also noteworthy is Binance’s proactive support for the Cosmos (ATOM) network upgrade. While there will be a temporary pause in deposits and withdrawals, ATOM trading on the Cosmos network will not be affected. Binance said it is ready to handle all technical aspects during the upgrade, ensuring a smooth transition.
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