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Home News Crypto

Binance Expands Trading Options with New USDC Pairs and Trading Bots

17 March 2025
in Crypto, News
Reading Time: 3 mins read
108 4
source: cryptodnes.bg

source: cryptodnes.bg

Binance has announced the addition of new USDC trading pairs to its Spot platform, aiming to enhance users’ trading experience.

The exchange will open trading for the DF/USDC, EPIC/USDC, GMX/USDC, MKR/USDC, and RPL/USDC pairs on March 18, 2025, at 08:00 UTC.

To streamline trading strategies, Binance will also enable Trading Bots services for the same pairs through its Spot Algo Orders feature, allowing users to automate and optimize their trades. Users will enjoy discounted taker fees on all existing and new USDC spot and margin trading pairs as part of the rollout. The fee reduction will remain in place until further notice.

However, Binance has cautioned that trading these new pairs is subject to regional eligibility. Due to regulatory restrictions, users in countries like the United States, Canada, Cuba, Iran, the Netherlands, North Korea, Syria, and non-government-controlled areas of Ukraine will not be able to trade these pairs. The list of restricted regions may change periodically to comply with evolving laws and regulations.

In line with Binance’s commitment to user safety and transparency, the exchange has encouraged users to complete account verification before trading the new pairs. Additionally, Binance has reminded investors to carefully assess their financial situation before trading carefully, noting the inherent risks and volatility of digital assets. Users can start trading on the go with Binance’s mobile app, available on iOS and Android. Binance encourages users to follow its official social media channels for further updates and announcements.

In addition to these updates, Binance has adjusted collateral ratios under its Portfolio Margin mode. CELO and IOTX have reduced their ratios from 80% to 70%, LRC and ALICE from 80% to 65%, and AUDIO and ICX from 70% to 55%. Binance has advised users to closely monitor their Unified Maintenance Margin Ratio (uniMMR) to prevent potential liquidation or losses resulting from the changes.

 

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Tags: BINANCEUSDC
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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