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Writer's pictureSammy Salmela

Binance Expands USDC Trading Options: Six New Pairs Now Available.


Trading Options
Trading Options

Date: November 18, 2024

Source: U.Today


Binance, one of the largest cryptocurrency exchanges, has announced the addition of six new USDC trading pairs on its cross-margin and isolated-margin platforms. This development aligns with Binance’s goal of enhancing user flexibility and portfolio diversification.


Key Highlights:


  1. New Trading Pairs:

    • Cross Margin: ACT/USDC, NEIRO/USDC, PNUT/USDC

    • Isolated Margin: The same pairs as above will also be supported.


  2. Launch Schedule:

    • Cross and Isolated Margin: Trading begins on November 18, 2024, at 6:00 a.m. UTC.

    • Binance Futures Listing: Additional perpetual contracts for BAN and AKT will launch later the same day at 11:30 a.m. UTC.


  3. Token Performances:

    • PNUT: A meme coin inspired by a social media-famous squirrel, up 287% this week.

    • NEIRO: Gaining traction across blockchains, though not endorsed by the original creator.

    • ACT: Trading at $0.603497, with significant 24-hour trading volume.


AI-Powered Sentiment Analysis: Our AI has evaluated this article with the following results:


  • Financial Sentiment Score: 0.92 (Positive outlook with confidence in Binance's development strategy).


  • Polarity Score: 0.15 (Mildly positive tone).


  • Subjectivity Score: 0.401 (Balanced mix of factual data and subjective interpretation).


These insights highlight Binance's proactive stance in crypto trading development and the potential market impact of its actions.



 

Disclaimer:This article was generated with the help of OpenAI’s ChatGPT and has been reviewed by our editorial team. The information provided is for general informational purposes only and should not be construed as legal, tax, investment, financial, or other professional advice.

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