{"id":3782,"date":"2024-07-24T19:15:36","date_gmt":"2024-07-24T19:15:36","guid":{"rendered":"https:\/\/cryptd.in\/important-binance-announcement-concerning-numerous-altcoin-traders-details\/"},"modified":"2024-07-24T19:15:36","modified_gmt":"2024-07-24T19:15:36","slug":"important-binance-announcement-concerning-numerous-altcoin-traders-details","status":"publish","type":"post","link":"https:\/\/cryptd.in\/de\/important-binance-announcement-concerning-numerous-altcoin-traders-details\/","title":{"rendered":"Important Binance Announcement Concerning Numerous Altcoin Traders: Details"},"content":{"rendered":"<p><span><strong>TL;DR<\/strong><br \/>\n<\/span><\/p>\n<p><span>B<\/span><span>inance will add nine new cross margin and isolated margin trading pairs on July 24. <\/span><br \/>\n<span>It will also delist three trading pairs two days later.<\/span><\/p>\n<h2><span><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/07\/Binance_CB-10.jpg\"><\/a><\/span><\/h2>\n<h2>The Latest Amendments<\/h2>\n<p><span>The world\u2019s largest cryptocurrency exchange<\/span><span> - <\/span><span>Binance<\/span><span> - <\/span><span>will update its services to respond to recent market trends and enhance user experience. <\/span><span>It<\/span><span> will <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/binance-margin-adds-new-usdc-pairs-2024-07-24-6c5b18de5a434337ab52d80d5fb6c03f\" target=\"_blank\" rel=\"noopener\"><span>add<\/span><\/a><span> nine <\/span><span>cross margin<\/span><span> and isolated margin trading pairs <\/span><span>today (July 24). The pairs in question are<\/span><span> 1000SATS\/USDC, GALA\/USDC, AR\/USDC, PEOPLE\/USDC, RUNE\/USDC, TRB\/USDC, STRK\/USDC, UNI\/USDC, and ZK\/USDC.<\/span><span>\u00a0<\/span><\/p>\n<p><span>Additional support from a crypto behemoth like Binance could positively impact the involved tokens due to increased liquidity and a reputational boost. However, 1000SATS is the only cryptocurrency (from the involved ones) to chart any substantial gains today. The rest have either recorded some minor plunges or have not experienced any significant volatility.\u00a0<\/span><\/p>\n<p><span>Besides adding new trading pairs to its platform, Binance often removes existing ones due to multiple factors, such as poor liquidity. It will <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/notice-of-removal-of-spot-trading-pairs-2024-07-26-5034711ef01a478daa801e9e21a1f54f\" target=\"_blank\" rel=\"noopener\"><span>terminate<\/span><\/a><span> services with AVAX\/TUSD, MATIC\/TUSD, and VOXEL\/BTC on July 26.\u00a0<\/span><\/p>\n<p><span>\u201cThe delisting of a spot trading pair does not affect the availability of the tokens on Binance Spot. Users can still trade the spot trading pair\u2019s base and quote assets on other trading pair(s) that are available on Binance,\u201d the company explained.<\/span><\/p>\n<p><span>The affected cryptocurrencies are in the red today (July 24), with VOXEL <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.coingecko.com\/en\/coins\/voxies\" target=\"_blank\" rel=\"noopener\"><span>suffering<\/span><\/a><span> the worst (a 9% <\/span><span>decrease on a daily scale<\/span><span>). It is worth noting that a more significant price collapse can be observed in the event of <\/span><span>total delisting of<\/span><span> a certain digital currency from Binance.<\/span><span>\u00a0<\/span><\/p>\n<p><span>That <\/span><span>exact thing<\/span><span> happened earlier this year when the exchange halted all trading services with Monero (XMR)<\/span><span>. <\/span><span>Die<\/span><span> valuation of the popular privacy coin <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/binance-will-delist-the-following-cryptocurrencies-on-february-20th-major-altcoin-affected\/\" target=\"_blank\" rel=\"noopener\"><span>crashed<\/span><\/a><span> by double digits <\/span><span>following the announcement<\/span><span>.<\/span><\/p>\n<h2><span>Binance\u2019s Previous Update<\/span><\/h2>\n<p><span>Approximately a week ago, the company <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/big-binance-announcement-for-shiba-inu-shib-and-dogecoin-doge-traders-details\/\" target=\"_blank\" rel=\"noopener\"><span>eingef\u00fchrt<\/span><\/a><span> an interesting initiative dubbed \u201cBattle of the meme: Doge vs Shiba Inu.\u201d Users can join the Dogecoin team or the rival one to accumulate <\/span><span>certain<\/span><span> points and complete daily missions.\u00a0<\/span><\/p>\n<p><span>\u201cAfter the Activity concludes, we will calculate which team has accumulated the highest number of points on a collective basis,\u201d the Binance team stated.<\/span><\/p>\n<p><span>According to the terms, the first 50,000 participants from the winning side will each receive a reward of up to $50, while the first 20,000 participants from the losing team will also pocket similar sums.\u00a0<\/span><\/p>\n<p><span>Only those <\/span><span>who have accumulated<\/span><span> at least 3,000 activity points will be eligible for the giveaway. The \u201cbattle\u201d of the meme coins will run until July 29.<\/span><\/p>\n<p>Der Posten <a href=\"https:\/\/cryptopotato.com\/important-binance-announcement-concerning-numerous-altcoin-traders-details-2\/\">Important Binance Announcement Concerning Numerous Altcoin Traders: Details<\/a> erschien zuerst auf <a href=\"https:\/\/cryptopotato.com\/\">KryptoKartoffel<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR Binance will add nine new cross margin and isolated margin trading pairs on July 24. It will also delist three trading pairs two days later. The Latest Amendments The world\u2019s largest cryptocurrency exchange \u2013 Binance \u2013 will update its services to respond to recent market trends and enhance user experience. It will add nine [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":3783,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Important Binance Announcement Concerning Numerous Altcoin Traders: Details - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/de\/important-binance-announcement-concerning-numerous-altcoin-traders-details\/\" \/>\n<meta property=\"og:locale\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Important Binance Announcement Concerning Numerous Altcoin Traders: Details - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"TL;DR Binance will add nine new cross margin and isolated margin trading pairs on July 24. It will also delist three trading pairs two days later. The Latest Amendments The world\u2019s largest cryptocurrency exchange \u2013 Binance \u2013 will update its services to respond to recent market trends and enhance user experience. 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