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Cryptocurrency News Articles

Binance Makes Important Announcements, Including the List for 6 Altcoins

Sep 03, 2024 at 06:24 pm

The cryptocurrency market is struggling to gain new momentum. Bitcoin, the leading crypto, has reached up to $59,000, but is having difficulty

Binance Makes Important Announcements, Including the List for 6 Altcoins

Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the addition of several new altcoins to its platform.

Among the new additions are AAVE, STMX, SUN, TRX, and FLUX. These tokens will be available for spot trading against a variety of fiat currencies and stablecoins.

The full list of new altcoin trading pairs on Binance is as follows:

* AAVE/USDC

* STMX/TRY

* SUN/TRY

* TRX/USDC

In addition to the new spot trading pairs, Binance is also adding FLUX to its perpetual futures market. This will allow traders to use up to 75x leverage to speculate on the price of FLUX.

The news of Binance’s new listings had a positive impact on the prices of the respective tokens. AAVE and STMX both saw солидные gains of more than 7% and 4.5%, respectively, on their daily charts.

As for FLUX, its price experienced a sharp increase of about 23.4% following the announcement. The altcoin’s trading volume also surged by 274%, indicating strong interest from investors and traders.

Binance also announced the addition of TON to its Simple Earn locked products. This will allow users to earn an APR of up to 5.9% by subscribing to TON in Simple Earn Locked Products during the promotional period, which runs from September 3 at 13:00 PT to September 23 at 12:59 PT.

Subscriptions will be processed on a first-come, first-served basis. The minimum subscription amount, maximum subscription limits, and duration will determine the APR that each user receives. Rewards will be distributed daily.

Here is a list of the products being offered:

* Lock TON for 30 days for a standard APR of 1.20% (2.59% during the promotional period). Minimum subscription: 0.1 TON, Maximum subscription: 50,000 TON.

* Lock TON for 60 days for a standard APR of 1.90% (3.9% during the promotional period). Minimum subscription: 0.1 token, Maximum subscription: 20,000 tokens.

* Lock TON for 90 days for a standard APR of 3.90% (5.9% during the promotional period). Minimum subscription: 0.1 token, Maximum subscription: 200 tokens.

Original source:kriptokoin

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