Binance, one of the world’s leading cryptocurrency exchanges, has announced the addition of new trading pairs and Trading Bots services to its Binance Spot platform, effective July 3, 2024, at 14:00 (UTC). According to Binance, this move aims to expand the list of trading choices and enhance users’ trading experience.

New Trading Pairs

The newly introduced trading pairs include WIF/BRL, ZK/USDC, and ZRO/USDC. These pairs will be available for trading starting from the specified date and time. Binance has clarified that BRL is a fiat currency and does not represent any other digital currencies.

Trading Bots Services

In addition to the new trading pairs, Binance will also enable Trading Bots services for the aforementioned pairs. This feature is designed to automate trading strategies, offering users a more streamlined trading experience.

Discounts and Availability

Users will benefit from discounted taker fees on all existing and new USDC spot and margin trading pairs until further notice. However, the availability of these services is subject to the user’s country or region of residence. Binance has provided a list of restricted countries, which includes Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, the United States, and its territories, as well as any non-government-controlled areas of Ukraine. This list may be updated periodically to reflect changes in legal, regulatory, or other factors.

Account Verification

To participate in the trading of these new pairs, users will need to complete account verification. This step ensures compliance with applicable laws and regulations, safeguarding both the platform and its users.

Important Notes

Binance has issued a disclaimer regarding the high market risk and price volatility associated with digital asset trading. The exchange emphasizes that users should only invest in products they are familiar with and understand the risks involved. Users are encouraged to consult an independent financial adviser before making any investment decisions. Binance has also highlighted that it reserves the right to amend or cancel this announcement at any time without prior notice.

For more information, refer to the official announcement on Binance.

Image source: Shutterstockbinance
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