GET 10% OFF ON YOUR FIRST ORDER. FOR A LIMITED TIME ONLY. Use code: WELCOME on checkout
News

Important Binance Update Affecting Ripple (XRP) Traders

TL;DR

  • Binance will introduce new trading pairs on Binance Spot and delist some previously listed ones.
  • The company will conduct wallet maintenance on May 29, temporarily suspending deposits and withdrawals on the Ethereum network.

New Trading Pairs to be Added

Binance continues to implement changes on its platform to improve user experience and respond to the latest market trends. It will expand the list of trading choices offered on Binance Spot by adding the following pairs: BTC/MXN, XRP/MXN, ENS/USDC, and LDO/USDC. The world’s leading exchange will also allow trading bot services for the aforementioned. 

It is worth noting that some of the upcoming trading pairs touch upon the Mexican peso (MXN) – the national currency of the Latin American country. Earlier this year, Binance launched a direct pair between USDT and MXN.

In addition to introducing new spot trading pairs, the company announced it will remove some of the existing ones. CAKE/TUSD, DYDX/BNB, and LAZIO/BTC will no longer be available to users from May 31. 

The exchange assured that the delisting will not affect the tokens’ availability on Binance Spot. “Users can still trade the spot trading pair’s base and quote assets on other trading pair(s) that are available on Binance,” it stated.

Binance’s Upcoming Maintenance Efforts

As CryptoPotato reported, the company will perform wallet maintenance for the Ethereum network today (May 29). The operation, during which deposits and withdrawals on the ETH network will be temporarily suspended, will take approximately two hours.

Binance ensured that the trading of tokens on the aforementioned ecosystem would not be impacted and promised to handle all technical requirements involving users. There will be no further disclosures on the matter, meaning clients should not rely on any information they come across on the Internet:

Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the network is deemed to be stable. No further announcement will be posted.”

The firm temporarily halted Solana (SOL) withdrawals in March due to “the increased volume of transactions on the network.” It restored services in a few days, apologizing to users for the inconvenience.

The post Important Binance Update Affecting Ripple (XRP) Traders appeared first on CryptoPotato.

Latest Press

post-thumbnail
News
3 hours ago
6 Ways to Make Money Fast with Crypto in 2024 – Daily Payouts
Do you need to make money in a few days? Whether offline or online, there are more possibilities tha...
READ MORE
post-thumbnail
News
3 hours ago
XRP’s Price Stagnation: Insights from Ex-Ripple Director Amid Legal Battle
Ex-Ripple executive Sean McBride says that despite all the technical analysis and predictions, nothi...
READ MORE
post-thumbnail
News
3 hours ago
Investor Alert: XRP Reacts to SEC Case Verdict and Ripple Appeal
The recent settlement deal between the US SEC and Terraform Labs has sent shockwaves to the Ripple c...
READ MORE
post-thumbnail
News
3 hours ago
Crypto Analyst: Dogecoin and Solana Reach Critical Juncture, Make-It-or-Break-It Levels Approaching
Dogecoin and Solana have reached critical price points and could see a rebound soon. Crypto analyst ...
READ MORE
post-thumbnail
News
3 hours ago
Ripple-SEC Case: Pro XRP Lawyer Predicts Big Victory for XRP Army
 Fred Rispoli, Senior partner at Hold Law has predicted a verdict will be reached in the Ripple-SEC...
READ MORE
post-thumbnail
News
3 hours ago
Dogecoin Founder Unveils Elon Musk’s Potential Billion-Dollar Surge: Could You Copy It?
Billy Markus, co-creator of Dogecoin, stands in solidarity with Elon Musk regarding Tesla’s $56 bi...
READ MORE
post-thumbnail
News
3 hours ago
Cardano (ADA) Struggles Amidst FOMC Volatility Despite Chang Hard Fork Announcement
Cardano (ADA) is struggling to build up bullish momentum despite network developments including the ...
READ MORE
post-thumbnail
News
3 hours ago
Maximize Earnings with CryptoHeap: Achieve Financial Freedom through Crypto Staking
The post Maximize Earnings with CryptoHeap: Achieve Financial Freedom through Crypto Staking appeare...
READ MORE
post-thumbnail
News
3 hours ago
Crypto Regulations in Vietnam 2024
The post Crypto Regulations in Vietnam 2024 appeared first on Coinpedia Fintech News Vietnam, a soci...
READ MORE

Publish an article now

Unlock the power of media for instant visibility to the target audience, major SEO boost, greater website traffic and conversion rates.

click here to get started