Binance Introduces New Trading Pairs and Bots for DOGE, MATIC, AAVE, and NEAR

Binance Introduces New Trading Pairs and Bots for DOGE, MATIC, AAVE, and NEAR

Binance, the world’s leading cryptocurrency exchange, made a notable announcement on Wednesday concerning several prominent cryptocurrencies, including Dogecoin (DOGE), AAVE, NEAR, and Polygon (MATIC). The exchange is set to introduce new spot trading pairs and trading bot services for these tokens, aiming to enhance the overall trading experience for its users.

Binance Unveils New Trading Pairs and Bot Services for DOGE, MATIC, AAVE, and NEAR

In an official statement released on August 21, Binance announced the launch of new spot trading pairs and trading bot services for the mentioned cryptocurrencies. Starting August 22 at 08:00 UTC, users will be able to engage in spot trading for pairs such as AAVE/FDUSD, DOGE/JPY, MATIC/JPY, NEAR/JPY, and TON/USDC.

In addition to these new trading pairs, Binance will activate trading bot services on the same day and time for a variety of coins. Specifically, Spot Grid and Spot DCA services will be available for pairs like BANANA/USDT, BTC/EUR, BTC/TRY, LISTA/USDT, TAO/USDT, and TON/USDT. Moreover, rebalancing bot services will be introduced for BANANA/USDT, LISTA/USDT, TAO/USDT, and TON/USDT.

Furthermore, the exchange will begin accepting spot algo orders for the AAVE/FDUSD, DOGE/JPY, MATIC/JPY, NEAR/JPY, and TON/USDC pairs starting August 22. These new offerings, which include JPY, TRY, and EUR fiat currencies, are expected to enhance Binance’s appeal to users across various global trading regions.

How Are the Tokens Performing?

On the day of the announcement, the prices of the mentioned cryptocurrencies displayed mixed performance, leading to widespread speculation among investors. Dogecoin (DOGE) saw a slight decline, falling 0.41% to $0.1047, while Toncoin (TON) dropped by 3%, settling at $6.68.

On the other hand, AAVE experienced a significant surge of 8%, climbing to $139.28. Similarly, MATIC saw a 6.96% increase, reaching a price of $0.4716. Meanwhile, NEAR’s price slightly dipped by 0.5%, bringing it to $4.07.

Adding to the momentum, data from LookonChain revealed that large investors, commonly known as whales, have been heavily accumulating AAVE, with nearly $8 million worth of the token being purchased. This trend, coupled with Binance’s recent announcements, has fueled further optimism about AAVE’s potential.

Binance’s latest updates also resonated across the broader cryptocurrency landscape, with additional developments including the listing of Voxies futures and the DOGS Launchpool, among other significant announcements.