In a significant update, Binance is set to expand its trading offerings by introducing new trading pairs and bot services. Starting from November 20, 2024, at 11:00 AM (TRT), users will have access to various trading pairs including ACT/BRL, ACT/EUR, CATI/USDC, ETH/EURI, LUMIA/TRY, PNUT/BRL, and PNUT/EUR. Alongside these pairs, Binance will also roll out new Trading Bot services that are designed to improve trading efficiency.
What New Bot Services Are Available?
Binance will launch Spot Grid and Spot DCA bots for popular pairs like ADA/USDC, DOGE/USDC, SUI/USDC, and XRP/USDC. Moreover, the Spot Algo Orders service will cater to the newly introduced trading pairs, allowing more strategic trading options for users.
Will Users Face Any Restrictions?
Certain regions will face restrictions on accessing these trading pairs due to local regulations. Users from countries such as Canada, Cuba, Crimea, Iran, the Netherlands, North Korea, Syria, and the United States will not have access to this new feature. Additionally, those in non-government-controlled areas of Ukraine are also excluded.
Key takeaways from this update include:
- New trading pairs will be available from November 20, 2024.
- Trading bot services aim to enhance user flexibility.
- No maker fee will be applied to the ETH/EURI pair.
- Account verification is necessary to access new trading pairs.
- Restrictions apply based on local legal regulations.
These enhancements reflect Binance’s commitment to providing users with more effective trading tools while ensuring compliance with varying legal requirements across different regions.