Binance Will List 8 Cryptocurrencies Today – CryptoPotato

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Binance will embrace certain trading pairs involving the stablecoin FDUSD from October 19.
TL;DR

The world’s largest cryptocurrency exchange – Binance – announced it will open trading for the following six spot trading pairs on October 19: ATOM/FDUSD, AVAX/FDUSD, BAND/TRY, BCH/FDUSD, LOOM/TRY and MATIC/FDUSD.
In addition, the company will allow Spot Grid and Spot DCA Trading Bots services for the NTRN/USDT and PENDLE/USDT trading pairs on the same day. 
Binance assured users that they will enjoy zero maker fees on FDUSD trading pairs “until further notice.” First Digital USD (FDUSD) is a stablecoin issued by the Hong Kong firm First Digital Limited and backed 1:1 with the greenback.
Binance’s upcoming listing spree involving the asset comes a month after it enabled the XRP/FDUSD trading pair on its platform.
Apart from allowing additional trading services, Binance has also removed certain pairs. Some of the affected ones included 1INCH/BUSD, AERGO/BUSD, ANKR/BUSD, DATA/BUSD, DIA/BUSD, LOKA/BUSD, LRC/BUSD, OM/BUSD, POLYX/BUSD, RARE/BUSD, SLP/BUSD, SUSHI/BUSD, THETA/BUSD and more. The exact reason behind the decision remained undisclosed, with the exchange stating:
“To protect users and maintain a high-quality trading market, Binance conducts periodic reviews of all listed spot trading pairs and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume.”
It is worth mentioning that all the aforementioned were BUSD trading pairs. Binance had previously vowed to discontinue support for the stablecoin from the first quarter of 2024 and advised clients to convert their BUSD holdings to other assets before February next year.
Dimitar got interested in cryptocurrencies back in 2018 amid the prolonged bear market. His biggest passion in the field is Bitcoin and he was fascinated with its journey. With a flair for producing high-quality content, he started covering the cryptocurrency space in late 2018. His hobby is football.

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