JAKARTA - Binance, the world's largest daily trading volume crypto exchange, announced the addition of 50 new crypto trading pairs, including Notcoin (NOT), which will start trading on June 7, 2024. This addition is a response to growing demand for digital assets and marks significant expansion in Binance's copy trading spot feature.
The addition of this new crypto trading pair opens up opportunities for traders to access more trading pairs with deep liquidity and high volatility. Binance's copy trading spot feature, introduced by former CEO Changpeng Zhao (CZ), now allows traders to emulate trade strategies from experienced traders.
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According to CoinSpeaker information, Binance, with more than 197 million registered users globally, has become a major destination for crypto projects seeking scalability to the global market. The addition of 50 new crypto projects shows that mass retail traders are starting to enter the industry, driven by the approval of the Bitcoin Spot ETF in various countries and the flagrant coin meme hype.
BNB, the original Binance coin, has seen an increase of more than 7 percent in the last 24 hours, trading above 700 US Dollars (approximately IDR 11.3 million). BNB is now the fourth largest crypto project with a market capitalization of around 103 billion US Dollars (approximately IDR 1.6 quadrillion) and an average daily trading volume of around 4 billion US Dollars (approximately IDR 65 trillion).
The Binance ecosystem has grown into a major web3 project, with it returning to the Indian market as the latest example of its expansion. The addition of these 50 new crypto trading pairs not only strengthens Binance's position in the global market but also provides clear indications of the future direction of crypto trading.
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