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Important Binance Announcement Affecting PEPE, INJ, SUI, and More: Details

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  • Binance has added new trading pairs and trading bot services, including PEPE/EURO.
  • The company will remove some trading and margin pairs by the end of May, and advises users to close positions to avoid losses.

Latest updates

Binance – the world's largest cryptocurrency exchange – continues to implement changes to its platform to improve user experience and respond to recent market trends. Lately, it has expanded List of trading options offered on Binance Spot with the following pairs: PEPE/EURO, AR/FDUSD, ENA/EUR, REZ/USDC, and TRB/FDUSD.

In addition, the company has enabled trading bot services for PEPE/EURO, BB/USDT, NOT/USDT, AR/FDUSD, ENA/EUR, PEPE/EUR, REZ/USDC, and TRB/FDUSD.

The show of further support for PEPE coincides with the impressive rise of the meme coin at recent days. The recent price of the asset He hits An all-time high, with its market capitalization crossing the $6 billion mark. currently, PEPE is the third largest token in its world and the twenty-fourth largest cryptocurrency.

next to Adding new trading pairs to its Binance platform as well Announce Some existing ones will be removed. INJ/TUSD, MEME/TUSD, SNX/ETH, and SYN/BTC will no longer be available From May 24th.

The company's margin trading software will… Undergoing some changes as well. They will be MDX/BTC, SEI/TUSD, SUI/TUSD, ALPACA/BTC, ARKM/TUSD, CHESS/BTC, MDX/BTC, SEI/TUSD, and SUI/TUSD. It has been deleted On May 31.

“Please note that users will not be able to update their positions during the deletion process; strongly recommended to close their positions wow Move their assets from margin wallets to spot wallets Before that Margin trading will be halted on 05-31-2024 at 06:00 (UTC). The company warned that Binance will not be responsible for any potential losses.

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The exchange has launched several updates to its platform in the past few months. In April, that Included Trading pairs XRP/JPY, SHIB/JPY, ADA/JPY and SOL/JPY on Binance Spot and simplifying operations for Mexican users by offering a direct pair between USDT and MXN.

Earlier this month, Binance He added Holo (HOT), Jito (JTO), Manta Network (MANTA), MANTRA (OM), NFPrompt (NFP), and Portal (PORTAL) as new loanable assets on Binance Loans.

A few weeks ago, the company He said He. She will Ending support for Ripple's XRP and stablecoin TUSD as margin assets in multi-asset mode. In addition, The transfer limit for these assets has been updated To zero.

The amendment will officially take effect on May 28. with Any remaining balances of XRP and TUSD in futures wallets are automatically converted to USDT.

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