Binance Expands USDC Pairs, Lists 5 New Altcoins & Cuts Fees
The new pairs, launched on March 13 at 11:00 AM, include a mix of digital assets and fiat-backed tokens, offering users more flexibility in their trading strategies.
New USDC Pairs on Binance
The following pairs are now available for trading on Binance:
– CVC/USDC (Civic – USD Coin)
– EURI/USDC (Euro Coin – USD Coin)
– SYN/USDC (Synapse – USD Coin)
– USDC/RON (USD Coin – Romanian Leu)
– VELODROME/USDC (Velodrome – USD Coin)
In addition to these new pairs, Binance will also roll out Trading Bots for these pairs, allowing users to automate their trades through Spot Algo Orders. This feature aims to enhance trading efficiency and offer a more seamless experience for users looking to optimize their strategies.
Reduced Fees for USDC Pairs
To complement this expansion, Binance has introduced discounted taker fees on all existing and new USDC spot and margin trading pairs. This fee reduction will continue until further notice, providing traders with an added incentive to explore the newly added pairs and increase liquidity on the platform.
Understanding RON (Romanian Leu)
Binance has clarified that RON refers to the Romanian Leu, which is a fiat currency and not a digital asset. This distinction helps users understand the scope of the new USDC/RON pair, as it involves a stablecoin being traded against a national currency.
This latest update is part of Binance’s ongoing effort to diversify its offerings and improve liquidity, making it easier for users to trade and access a broader range of assets while benefiting from enhanced trading tools.
Editorial Team
Reporter at Coindoo
