Binance Expands Margin Trading with New Pairs for Key Cryptos
Significant news about Toncoin, DOGS, Jupiter, Algorand, Aptos, Arkham, Blur, SuperRare, Ontology, Tensor, and Renzo coins was made on Friday by the massive cryptocurrency market Binance. According to the pioneer of digital asset exchanges, fresh margin trading pairs for the aforementioned tokens are now being listed on their platform. The announcement has quickly acquired momentum in the larger cryptocurrency space, indicating hope for the future movements of the listed coins.
In a formal release published on August 30, Binance Margin states that the exchange is expanding its cross and isolated margin trading pairs for TON, DOGS, and the aforementioned cryptocurrency. The top cryptocurrency exchange made this move in an effort to improve consumer options. Additionally, the coins’ market support grows as a result of the listing. The following were the new cross and isolated margin trading pairs, as announced officially:
- ALGO/USDC
- APT/USDC
- ARKM/USDC
- BLUR/USDC
- DOGS/USDC
- JUP/USDC
- ONT/USDC
- RARE/USDC
- REZ/USDC
- TNSR/USDC
- TON/USDC
Binance-Listed Tokens Suffer Losses as Market Volatility Intensifies Ahead of U.S. Data
It’s important to keep in mind that the mentioned tokens deal with a lot of volatility right now, mostly because of the movement in the overall market. Notably, there was a lot of volatility in the cryptocurrency market lately before the release of the U.S. PCE data, a major macro event.
While some listed tokens traded in the green at the time of publication, the majority of listed tokens traded predominantly in the red, evoking conflicting opinions on Binance’s listing. On the last day, the price of TON fell 3.83% to $5.42. In the meantime, DOGS’s price fell by just over 9.44% to $0.001282. In addition, JUP’s price dropped by 3.43% to $0.7724 in the past 24 hours.
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