Binance Expands Trading Options with New Pairs and Bot Services

By COINTURK NEWS
14 days ago
UTED NORT SPOT

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The cryptocurrency exchange Binance announced that it will introduce six new trading pairs on November 15, 2024, at 11:00 AM Turkey Time. These trading pairs include ACT/FDUSD, ACT/USDC, NEIRO/USDC, PNUT/BTC, PNUT/FDUSD, and PNUT/USDC. Additionally, trading bot services will be activated for these pairs, aimed at improving user experiences and expanding trading options.

New Trading Pairs Supported by Trading Bots

The trading bots provided for these new pairs will be particularly available for Spot Algo Orders users. This feature allows users to execute trades more quickly and effectively manage risks in the market.

These bots aim to facilitate trading by offering automatic order placement and algorithmic strategies. This development enables users to create various strategies on the new trading pairs.

To trade in these new pairs, Binance users need to complete account verification. The exchange noted that this service may not be available to users in certain countries and regions. Although account verification is required for trading, specific legal restrictions will exclude some areas.

List of Restricted Countries May Be Updated

Under the current restrictions, users from Canada, Cuba, Crimea, Iran, the Netherlands, North Korea, Syria, the United States, and certain U.S. territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, U.S. Virgin Islands) as well as areas in Ukraine outside government control will not be able to trade in these new pairs. Binance has also indicated that it may update this list based on legal regulations, and users should continuously monitor Binance’s announcements to take advantage of these new trading pairs.

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