

Binance Enables New Spot Trading Pairs and Trading Bot Services for DOGE, MATIC, AAVE, and NEAR
Binance, the world's leading cryptocurrency exchange, has announced the launch of new spot trading pairs and trading bot services for Dogecoin (DOGE)
Binance, the leading cryptocurrency exchange, has announced the launch of new spot trading pairs and trading bot services for Dogecoin (DOGE), Polygon (MATIC), AAVE, and NEAR on August 22. This move will enable users to trade in more diverse offerings and employ advanced trading applications.
In an official statement, Binance unveiled additional spot trading pairs such as AAVE/FDUSD, DOGE/JPY, MATIC/JPY, NEAR/JPY, and TON/USDC, which will be open for trading from the 22nd of August. These pairs involve JPY (Japanese Yen) and EUR (Euro) fiat currencies in an apparent attempt to expand Binance's target market in different global trading zones.
This comes amid efforts that Binance has been undertaking to enhance the variety of trading pairs available to users. By listing these pairs, traders interested in trading these fiat currencies are expected to join Binance, hence enhancing the circulation of the specific cryptocurrencies in the market.
Moreover, the exchange will be introducing trading bot services for multiple cryptocurrencies on the same day. The services will include the Spot Grid and Spot DCA (Dollar-Cost Averaging) and pairs such as BANANA/USDT, BTC/EUR, BTC/TRY, LISTA/USDT, TAO/USDT, and TON/USDT. These two automatic trading systems are meant to assist users in developing their trading strategies by automatically placing orders upon reaching the given criteria.
Furthermore, Binance will provide rebalancing bot services for BANANA/USDT, LISTA/USDT, TAO/USDT, and TON/USDT. These bots automatically adjust users’ portfolios to maintain a desired asset allocation, offering a hands-free approach to portfolio management.
Additionally, Binance will allow spot algo orders on the newly listed trading pairs (AAVE/FDUSD, DOGE/JPY, MATIC/JPY, NEAR/JPY, TON/USDC) from August 22. These algorithmic trading options enable users to take further control of their trading strategy offering more possibilities to execute more trades automatically.
The affected cryptocurrencies showed mixed price actions following Binance's announcement. Dogecoin (DOGE) saw a slight decline.
On the other hand, AAVE experienced a significant surge, with its price rising by 8% to $137.72. Polygon (MATIC) also gained 7%, while NEAR dropped 2% to $4.07.
The price movements in AAVE, in particular, have garnered attention. Data from LookonChain revealed that whales have accumulated nearly $8 million worth of AAVE tokens. These increases, along with the new trading pairs and services announced by Binance, have given investors cause for optimism regarding AAVE's performance.
As outlined in our recent blog post, Binance Futures launched the USDT-Margined BRETT Perpetual Contract on August 20, 2024. After this announcement, interest in the BRETT surged, translating to a 194% increase in daily trading volume to $66.82 million. In other news, Binance recently stated that it would cease trading and remove the following tokens: There are PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (REEF), and VGX Token.
The above is the detailed content of Binance Enables New Spot Trading Pairs and Trading Bot Services for DOGE, MATIC, AAVE, and NEAR. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics











With the popularization and development of digital currency, more and more people are beginning to pay attention to and use digital currency apps. These applications provide users with a convenient way to manage and trade digital assets. So, what kind of software is a digital currency app? Let us have an in-depth understanding and take stock of the top ten digital currency apps in the world.

The built-in quantization tools on the exchange include: 1. Binance: Provides Binance Futures quantitative module, low handling fees, and supports AI-assisted transactions. 2. OKX (Ouyi): Supports multi-account management and intelligent order routing, and provides institutional-level risk control. The independent quantitative strategy platforms include: 3. 3Commas: drag-and-drop strategy generator, suitable for multi-platform hedging arbitrage. 4. Quadency: Professional-level algorithm strategy library, supporting customized risk thresholds. 5. Pionex: Built-in 16 preset strategy, low transaction fee. Vertical domain tools include: 6. Cryptohopper: cloud-based quantitative platform, supporting 150 technical indicators. 7. Bitsgap:

Recommended cryptocurrency trading platforms include: 1. Binance: the world's largest trading volume, supports 1,400 currencies, FCA and MAS certification. 2. OKX: Strong technical strength, supports 400 currencies, approved by the Hong Kong Securities Regulatory Commission. 3. Coinbase: The largest compliance platform in the United States, suitable for beginners, SEC and FinCEN supervision. 4. Kraken: a veteran European brand, ISO 27001 certified, holds a US MSB and UK FCA license. 5. Gate.io: The most complete currency (800), low transaction fees, and obtained a license from multiple countries. 6. Huobi Global: an old platform that provides a variety of services, and holds Japanese FSA and Hong Kong TCSP licenses. 7. KuCoin

Binance C2C transactions allow users to buy and sell cryptocurrencies directly, and pay attention to the risks of counterparty, payment and price fluctuations. Choosing high-credit users and secure payment methods can reduce risks.

The prospects of digital currency apps are broad, which are specifically reflected in: 1. Technology innovation-driven function upgrades, improving user experience through the integration of DeFi and NFT and AI and big data applications; 2. Regulatory compliance trends, global framework improvements and stricter requirements for AML and KYC; 3. Function diversification and service expansion, integrating lending, financial management and other services and optimizing user experience; 4. User base and global expansion, and the user scale is expected to exceed 1 billion in 2025.

The methods to download the Hong Kong Digital Currency Exchange APP include: 1. Select a compliant platform, such as OSL, HashKey or Binance HK, etc.; 2. Download through official channels, iOS users download on the App Store, Android users download through Google Play or official website; 3. Register and verify their identity, use Hong Kong mobile phone number or email address to upload identity and address certificates; 4. Set security measures, enable two-factor authentication and regularly check account activities.

Binance Square is a social media platform provided by Binance Exchange, aiming to provide users with a space to communicate and share information related to cryptocurrencies. This article will explore the functions, reliability and user experience of Binance Plaza in detail to help you better understand this platform.

Binance, as the world's leading cryptocurrency trading platform, provides users with a variety of ways to trade and manage assets. Reducing positions, that is, selling part of the positions to reduce risks, is a common strategy for traders. This article will introduce in detail how to reduce positions on the Binance platform.