Binance, the world’s largest cryptocurrency exchange, announced on June 28 the addition of new FDUSD trading pairs for cross margin and isolated margin trading. The new pairs include cryptocurrencies such as ETHFI, MEME, and PYTH.
This move is part of Binance’s effort to enhance user experience by offering zero-fee trading on FDUSD pairs, which varies based on users’ VIP levels. The new pairs are ALT/FDUSD, ETHFI/FDUSD, IO/FDUSD, MEME/FDUSD, PYTH/FDUSD, TNSR/FDUSD, and TAO/FDUSD.
Following the announcement, the listed tokens saw price increases ranging from 1% to 6%. Notably, Pyth Network (PYTH) experienced the highest surge of 6.21%, while Memecoin (MEME) rose by 4.97%.
This development aligns with a broader altcoin rally influenced by Bitcoin’s recent price increase. By expanding trading options, Binance allows for greater portfolio diversification and more flexible trading strategies, underscoring its strategic aim to remain a leader in the cryptocurrency exchange market.
