The cryptocurrency world will have a very active week this week. While many new altcoins were listed on different exchanges, Binance decided to withdraw from the Indonesian market. These developments show the dynamism and ever-changing nature of the cryptocurrency world. While it offers exciting new opportunities for investors, it also presents some challenges. In this article, we will examine the most important developments this week. We will provide information about the listing of new coins, Binance’s withdrawal from Indonesia and the general situation of the cryptocurrency market.
Altcoin good news came from various exchanges
Cryptocurrency exchanges had a very active week this week. While many new coins were listed on different exchanges, Binance decided to withdraw from the Indonesian market. First of all, the listing news that is considered more positive for the sector is as follows:
- ZeroLend (ZERO): KuCoin was listed on MEXC, Bybit, OKX and Bitget exchanges with ZERO/USDT parity.
- BlockDrop (BDROP): It was listed on the MEXC exchange with the BDROP/USDT parity.
- Spectral (SPEC): It was listed on Bitfinex exchange with SPEC/USD and SPEC/USDT parities, and on Bybit exchange with SPEC/USDT parity.
- Seal (SEAL): It was listed on the BitMart exchange with the SEAL/USDT parity.
- WELSH CORGI COIN (WELSH): It was listed on the BitMart exchange with the WELSH/USDT parity.
- Tori the Cat (TORI): It was listed on the MEXC exchange with the TORI/USDT parity.
- XSwap (XSWAP): It was listed on the MEXC exchange with the XSWAP/USDT parity.
- LandX Governance Token (LNDX): It was listed on the Bitget exchange with the LNDX/USDT parity.
- Friend3 (F3): It was listed on the BitMart exchange with the F3/USDT parity.
- RAYN (ACTIO): It was listed on the WhiteBIT exchange.
Binance is delisting BIDR
Due to regulatory issues in Indonesia, Binance decided to stop supporting BIDR (a stablecoin pegged to the Indonesian Rupee) and completely withdraw from the platform on August 20, 2024. Users are encouraged to exchange BIDR assets for other assets on Binance or convert BIDR to crypto at Binance Convert. Any remaining BIDR balances after August 20, 2024 will be automatically converted to FDUSD. Meanwhile, cryptokoin.com As we reported, the stock market is also in the process of withdrawing from Russia.
These developments show the dynamism and ever-changing nature of the cryptocurrency world. The emergence of new coins and their presentation to investors brings excitement and potential in this field. On the other hand, regulatory issues such as Binance’s withdrawal from Indonesia also reveal the challenges facing the cryptocurrency market. It is important to follow current news in order to follow the developments in the cryptocurrency world and make your investments consciously.
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