To enrich users’ trading experience on Binance Spot, the leading cryptocurrency exchange will introduce new trading pairs and improve its services, including TIA coin. Simultaneously, an important announcement was made regarding the suspension of deposits and withdrawals for tokens on the Optimism (OP) network. Let’s go into the details of these developments.
New pairs added for TIA coin, SKL
Binance is set to expand the range of trading options on its Spot platform by introducing three new trading pairs. Starting January 11, 2024 at 11:00 UTC, users will be able to trade SKL/TRY, STX/FDUSD and TIA/FDUSD on Binance Spot. This move aims to provide users with more options and improve their overall trading experience on the platform. The addition of SKL/TRY, STX/FDUSD and TIA/FDUSD spot trading pairs reflects Binance’s commitment to meeting the evolving needs of its user base. These pairs offer unique opportunities for investors to explore and diversify their portfolios. The launch is scheduled for January 11, 2024 at 11:00 CET, providing users with enough time to prepare for new trading options.
In a parallel move, Binance will also introduce Trading Bots services for selected trading pairs. Starting from the same date and time, AI/USDT and NFP/USDT will be supported by Spot Grid, Spot DCA and Rebalancing Bot, while SKL/TRY, STX/FDUSD and TIA/FDUSD will be included in Spot Algo Orders. This addition of trading bots aims to empower users with automated trading strategies and further optimize their trading activities.
Update support for Optimism
Binance announced that it will temporarily suspend token deposits and withdrawals on the Optimism (OP) network, starting from January 11, 2024 at 19:00 UTC. This measure is implemented to facilitate network upgrade and hard fork and ensure the best possible user experience. The suspension of deposits and withdrawals is a proactive step taken by Binance to support the upgrade of the Optimism (OP) network. This planned maintenance, which will take place on January 11 at 20:00, aims to improve the efficiency and capabilities of the network. This shows Binance’s commitment to providing a seamless trading experience to its users.
It is important to note that while deposits and withdrawals are temporarily suspended, token trading on the Optimism (OP) network will remain unaffected. Binance ensures a smooth transition during the network upgrade by assuring users that all technical requirements will be managed by the platform. Once the upgraded network becomes stable, deposits and withdrawals will be reopened and users will be notified accordingly. These latest developments demonstrate Binance’s continuous efforts to innovate and optimize its platform for cryptocurrency investors.
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