Important statements regarding 5 altcoin projects came from two major cryptocurrency exchanges. Binance, the world’s largest cryptocurrency exchange, announced that it will add a new trading parity for SingularityNET (AGIX), one of the popular artificial intelligence coins of recent times. Another crypto exchange, Coinbase, stated that 4 altcoins will not be unstaked for a while.
Bince adds a new TRY trading pair
cryptocoin.comAs you follow, Turkish investors have an important position around the world when it comes to cryptocurrencies. Considering this situation, crypto exchanges offer attractive options to investors by adding transaction parities in Turkish Lira. Finally, Binance, the world’s largest cryptocurrency exchange, continued with a new altcoin/TRY parity. Binance TR, the Turkey branch of Binance, has made a new addition to the Turkish Lira trading parities, and announced that the popular artificial intelligence coin SingularityNET (AGIX) will be listed in TRY. According to Binance TR’s official statement on Twitter, the platform will launch the listing today (March 24, 2023) at 1:00 pm.
Coinbase suspends unstake for 4 altcoins for a certain period of time
As you may recall, cryptocurrency exchange Coinbase has updated the terms and conditions of its staking service in response to the US Securities and Exchange Commission’s (SEC) recent regulatory pressure on similar products. Later, the stock market offered staking services to Cardano (ADA), Cosmos (ATOM), Solana (SOL) and Tezos. (XTZ) had made a decision. In this context, Coinbase users had to unstack SOL, ATOM, ADA, and XTZ before other transactions.
Now, Coinbase has announced a new development for these altcoin projects. In this context, he shared information about the planned update in staking services for Tezos (XTZ), Cosmos (ATOM), Solana (SOL) and Cardano (ADA). Accordingly, customers will see their balances in these altcoins move to “Earnings balance” between March 24 and March 28. According to the statement, this balance represents the funds deposited and customers will not be able to temporarily unstake these assets until the update is complete on March 29. In addition, customers will not be able to deposit additional funds. However, during this time, customers who become stakers will continue to earn rewards. The rewards won will continue from where they left off after the update ends on March 29. In addition, the restriction for users to deposit additional funds will also be lifted. Therefore, users will be able to add to their funds.
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