Binance has announced the addition of new trading pairs, including:
QTUM/TRY, TRUMP/EUR, and VTHO/TRY
These pairs will start trading tomorrow, February 12, with automated trading support for these assets.
The move comes after the listing of the Solana-based TRUMP token backed by US President Donald Trump, which saw a sharp rise in its market value before falling by 75% from its peak of $72.
While the impact on TRUMP was limited, the price of Qtum (QTUM) token surged by double digits, reaching $3.67 before settling at $3.45.
In return, Binance will remove some trading pairs, including:
HMSTR/FDUSD, SAGA/BTC, and ILV/BTC
Starting February 17.
Although such moves would normally lead to a price drop, the cryptocurrencies involved in the delisting have not been significantly affected so far, with their prices supported by the general recovery recorded in the cryptocurrency market in the past hours.
Posted using Tribaldex Blog