Binance Introduces New USDC Pairs with Automated Trading

Binance, known as the largest cryptocurrency exchange by trading volume, has introduced new trading options aimed at enhancing user experience and providing more trading flexibility.

The platform has rolled out additional spot trading pairs and upgraded its automated trading services.

Starting today, Binance users can trade VeChain (VET) and Horizen (ZEN) against USD Coin (USDC) on the spot market. This update is part of Binance’s ongoing strategy to broaden its trading range and increase USDC liquidity on the platform.

In a bid to streamline trading, Binance has also expanded its Trading Bots service. The automated tools are now available for VET, ZEN, TON, and TRX, allowing users to execute trading strategies more efficiently.

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Specifically, Spot Algo Orders can be utilized for the newly added VET/USDC and ZEN/USDC pairs. Additionally, Spot Grid Trading and Dollar Cost Averaging (DCA) Bots have been introduced for Toncoin (TON/USDC) and TRON (TRX/USDC) pairs.

These Trading Bots are designed to help users automate their trading methods by setting specific parameters, thereby minimizing manual intervention. As an added benefit, Binance is offering reduced taker fees for both existing and newly listed USDC spot and margin pairs. This promotion will continue indefinitely, aiming to encourage traders to adopt USDC for cost efficiency.

Alexander Stefanov