BCGAME - Free 5BTC Daily Bonus!- Binance Expands Support for SHIB, APE, and HBAR
- New trading pairs and trading bots introduced
- Tokens see significant increases after upgrades
Binance, one of the world's leading cryptocurrency exchanges, has recently expanded its bracket to several tokens, including Shiba Inu (SHIB), ApeCoin (APE), and Hedera (HBAR). This expansion aims to provide users with more trading options and enhanced services, reflecting the platform’s commitment to meeting the growing demand for these digital assets.
On November 20, 2024, Binance announced the opening of new spot trading pairs such as APE/FDUSD, HBAR/USDC, and others. In addition, the exchange has introduced trading bot services for these pairs, including algorithmic spot orders. These initiatives aim to improve the trading experience of users by providing greater flexibility and efficiency in transactions.
The market response to these The news has been positive. Tokens such as HBAR, APE, and OM have seen significant increases in their values, driven by the increased support from Binance. For example, the price of HBAR has surged 160% in a week to $0,14, with a 25% jump in the last 24 hours. This movement has been attributed in part to speculation over the possible nomination of Brian Brooks, a board member of the HBAR Foundation, to the position of Chairman of the US SEC.
ApeCoin (APE) also performed positively, with a 3% increase in price to $1,26. Other tokens, such as MANTRA (OM) and Raydium (RAY), recorded weekly gains of 176% and 23% respectively, demonstrating the impact of new listings and services offered by Binance.
Additionally, Binance has announced a promotion focused on USDC trading pairs, waiving trading fees for these pairs during the promotional period. The initiative includes a collective prize pool of 100.000 USDC for the most active traders, incentivizing the adoption and movement of these assets. This strategy not only attracts institutional traders but also increases the interest of individual investors, solidifying USDC as a popular choice for trading within the platform.
