Altcoins
Binance Announces Delisting and Listing of 14 Altcoins
Binance, which is the leader among cryptocurrency exchange, continues to offer more options to its investors and improve the platform by making significant changes to it. In this context, it has recently made decisions to add new assets and delist some of them. These changes directly affect cryptocurrency investors and those who follow the cryptocurrency world closely and lead to exciting developments. In this article, we will look at the new assets recently added by Binance, the new cryptocurrencies offered for lending in the exchange’s Lending service, and the trading pairs that will be removed from spot transactions.
Binance Adds New Margin Pairs and Lending Assets
Binance continues to add new assets to its platform and delist existing assets to provide greater diversity and flexibility to its users. Binance has added new USDC trading pairs on Margin, Cross, and Isolated Margin. This will give users more options to diversify their portfolios and apply different trading strategies. The newly added trading pairs are as follows:
- Cross Margin and Isolated Margin: 1000SATS/USDC, AR/USDC, GALA/USDC, PEOPLE/USDC, RUNE/USDC, STRK/USDC, TRB/USDC, UNI/USDC, ZK/USDC
On the other hand, the exchange has added new lending assets to Binance Loans (Flexible Rate) and VIP Loan. This will give users more options to finance their investments. The new lending assets (loans) added are as follows:
- Binance Loans (Flexible Rate): Banana Gun (BANANA), Flux (FLUX) and Gravity (G)
- VIP Loan: Banana Gun (BANANA) and Gravity (G)
Some spot pairs are delisted
Finally, Binance will remove 3 trading pairs for Avalanche (AVAX), Polygon (MATIC) and Voxies (VOXEL) from spot trading on July 26, 2024. Binance said that users can continue to trade these assets in other trading pairs available on the platform. Binance recommended that investors stop bot services as soon as possible to prevent potential losses. The trading pairs to be removed are as follows:
- AVAX/TUSD
- MATIC/TUSD
- Voxels/BTC
These changes made by Binance on its platform provide clues about the world of cryptocurrencies. Because these developments are an indicator of the dynamic structure of the industry. In particular, investors can diversify their portfolios and apply different investment strategies following these developments. Binance continues to be an attractive platform for cryptocurrency investors with the wide range of assets and advanced platform features it offers its users. Follow Kriptokoin.com to stay informed about the latest developments in the cryptocurrency world and changes on the Binance platform!
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