Binance, the world’s largest exchange by volume, announced on Wednesday the launch of new trading pairs and trading bots on Binance Spot. The exchange aims to expand trading opportunities and potential trading pools for trending cryptocurrencies such as BONK and 1000SATS. Starting from December 21 at 08:00 UTC, Binance users will have access to these new trading pairs and bots.
On December 20, Binance officially announced the addition of BONK/USDT to its spot grid, spot DCA, and rebalancing bots. This move is set to cater to users who anticipate a continued rise in BONK prices. Furthermore, Binance also announced that 1000SATS/USDT trading will be available on spot grids, spot DCA, and rebalancing bots, indicating 1000SATS’s growing strength in the crypto market due to its large trading volumes.
Binance had recently listed Bonk and BRC-20 Sats (1000SATS) in response to user demand. The exchange also plans to introduce trading for BLZ/FDUSD, RARE/TRY, and VANRY/TRY spot pairs on Thursday, with a notable zero maker fee policy for the BLZ/FDUSD spot pair.
In addition to these offerings, Binance has made another move by adding BONK to its Earn section on Wednesday, allowing users to earn rewards through Simple Earn, ETH Staking, Dual Investment, and other services.
Despite the holiday season, both 1000SATS and BONK are under selling pressure as investors cash in on their profits. However, there is still an expectation among investors for higher price levels by the end of the year. BONK has seen a drop of over 4% in the last 24 hours, currently finding buyers at $0.00001812, with the highest and lowest prices being $0.0000216 and $0.0000176 respectively. 1000SATS, after a 60% increase last week, experienced a 9% drop, trading at $0.000701 at the time of writing.