There is a flurry of announcements among the stock markets today. Because, several major cryptocurrency exchanges announced new listings that will shake the market. From Binance Japan’s addition of EOS to Coinbase International’s inclusion of Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM), there have been several developments that promise to impact the crypto world trading dynamics. Here are the details…
New announcements came from Binance’s Japanese branch and futures service
Binance Japan made headlines today with the official listing of EOS. This move is expected to give new impetus to the EOS community as the cryptocurrency gains a broader platform for trading and exposure. EOS enthusiasts can now explore new trading opportunities on Binance Japan.
Additionally, in a bold move, Binance Futures increased the leverage for USTC to 50x. Terra’s stablecoin, USTC, which traditionally should have been pegged to $1, is currently trading at $0.06. The launch of the USDⓈ-M USTC perpetual contract with 50x leverage on November 27, 2017 marks a significant development in the Binance ecosystem. The launch of the USTCUSDT perpetual contract comes with a maximum funding rate of +2.00/-2.00% and a funding fee payment frequency of every four hours. Qualifying USDⓈ margin futures liquidity providers will benefit from a 0.005% maker fee discount for approximately 14 to 15 days.
Coinbase International lists 4 altcoins in futures
Coinbase International, the futures trading platform of Coinbase, the largest cryptocurrency exchange in the USA, is preparing to diversify its offers. The platform announced the listing of four important altcoins: Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE) and Stellar (XLM). Investors can mark their calendars for November 30 at 1:00 PM ET when these pairs will officially begin trading on Coinbase International.
Listing news from Bitget, MEXC and Bitrue
In other news, Bitget expanded its altcoin offerings by listing Tenset (10SET) with the 10SET/USDT pair. This move provides investors with another way to explore the Tenset ecosystem. Additionally, MEXC, another cryptocurrency exchange, added WeSendit (WSI) to its platform. Investors will now be able to access the WSI/USDT pair starting at 16:00 GMT. This list opens up new opportunities for those who want to engage with the WeSendit project within the MEXC ecosystem.
Finally, Bitrue continues to strengthen its cryptocurrency offerings by listing Vertex Protocol (VRTX). The VRTX/USDT pair is now available for trading, allowing Bitrue users to explore the potential of the Vertex Protocol within the exchange’s ecosystem. These latest exchange listings underscore the dynamic nature of the cryptocurrency market, offering new opportunities for investors to explore and diversify their portfolios. As the crypto space continues to evolve, these strategic moves by major exchanges indicate a growing interest in expanding the range of tradable assets and meeting the diverse needs of the crypto community.
