Binance Expands Spot Market: CHZ, RSR, XTZ Among New Listings

Binance has announced the addition of several new trading pairs to its spot market. The new listings, scheduled for December 6, 2024, at 08:00 UTC, include trading pairs for Chiliz (CHZ), Pyth Network (PYTH), Reserve Rights (RSR), Wormhole (W), and Tezos (XTZ) against stablecoins USDC along with an additional RSR trading pair against FDUSD.

The recent price performance of the affected tokens shows varying momentum. At the time of writing, Chiliz leads the pack with a 6% gain over the last 24 hours, suggesting positive market sentiment ahead of the listing. Wormhole has also shown strength with a 3% increase. However, PYTH has declined 5.5%, RSR has dropped 5%, and Tezos has experienced a modest 0.5% decrease.

Beyond simple trading pair additions, Binance will simultaneously launch trading bot services for these pairs, including spot algo orders. This development could improve trading efficiency and liquidity for these tokens. It could also potentially attract algorithmic traders and institutional investors.

Read more on Cryptotale.

Visit the links for more information Website | Twitter | Telegram | Instagram |