Amid SEC lawsuits, Binance has announced that it will update 12 altcoins to strengthen the investor experience. The cryptocurrencies that will be affected and the dates and times are as follows:
TrueUSD (TUSD) swap contracts supported
In a new announcement, Binance announced that it will support TrueUSD (TUSD) swap contracts. This swap will specifically enable TrueUSD tokens to migrate to the BEP20 standard on Binance Chain. TrueUSD users will be able to convert their assets from the BEP2 standard to the BEP20 standard.
According to the official announcement, deposits and withdrawals of TrueUSD (TUSD) will be suspended at 11:00 am on June 12. Binance will automatically restart the new contract when everything is ready.
1/We are pleased to announce that @Binance will support $TUSD contract swap on BNB Smart Chain (BEP20 TUSD).
Learn more about the advantages of this swap and how to achieve it in the following thread: pic.twitter.com/CQHKig2jHR
— TrueUSD (@tusdio) June 8, 2023
Binance is updating the confirmation sizes for these trading pairs
Binance has announced that until June 16, it will re-adjust the tick size (minimum price change of the unit) of certain spot trading pairs in order to increase market liquidity and improve the trading experience.
Tick size or tick size refers to the smallest possible increase or decrease in price action. According to the official announcement, the new confirmation sizes for trading pairs containing coins such as ZEC and AAVE are as follows:
| Trading Pair | Previous Approval Size | Updated Confirmation Size |
| BARBUSD | 0.01 | 0.001 |
| BARUSDT | 0.01 | 0.001 |
| GALTRY | 0.1 | 0.01 |
| ONERY | 0.001 | 0.0001 |
| ONEBNB | 0.0000001 | 0.00000001 |
| OOKIUSDT | 0.00001 | 0.000001 |
| OOKIBUSD | 0.00001 | 0.000001 |
| SCBUSD | 0.00001 | 0.000001 |
| SCUSDT | 0.00001 | 0.000001 |
| ZECUSDT | 0.1 | 0.01 |
| ZECBUSD | 0.1 | 0.01 |
| TVKUSDT | 0.0001 | 0.00001 |
| TVKBUSD | 0.0001 | 0.00001 |
| XEMUSDT | 0.0001 | 0.00001 |
| AAVEETH | 0.0001 | 0.00001 |
| AAVEUSDT | 0.1 | 0.01 |
| AAVEBUSD | 0.1 | 0.01 |
| POLSBUSD | 0.001 | 0.0001 |
| POLSUSDT | 0.001 | 0.0001 |
| ZILBIDR | one | 0.1 |
| ZILTRY | 0.001 | 0.0001 |
| ZILBNB | 0.0000001 | 0.00000001 |
| 1INCHUSDT | 0.001 | 0.0001 |
| 1INCHBUSD | 0.001 | 0.0001 |
Binance Convert supports COMBO token
In another development, Binance’s Binance Convert platform, which offers a zero-fees trading experience, announced that it has added support for the COMBO token. Users will now be able to trade COMBO with BTC, USDT and any other token supported by Binance Convert for zero fees.
Meanwhile, cryptocoin.comAs you follow, Binance will attend the hearing in response to the SEC lawsuit next week.
