The well-known cryptocurrency exchange, Binance, is growing its selection of trade options yet again by adding three new cryptocurrency trading pairs to their platform.
Via a post on the official X handle of Binance China, it has been revealed that Binance Spot will introduce three new trading pairs: BABY/EUR, ONDO/TRY, and PAXG/USDC. Additionally, trading robot services are also being added. This expansion underscores Binance’s continuous dedication to expanding the variety of spot trading options for users, ultimately enhancing the overall trading experience.
📢币安现货新增交易对及交易机器人服务
币安将于2025年04月15日16:00(东八区时间)上线 BABY/EUR、 ONDO/TRY 和PAXG/USDC 现货交易对
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— 币安Binance华语 (@binancezh) April 14, 2025
On Thursday, April 15th, 2025 at 4:00 PM Eastern Time, Binance will introduce the BABY/EUR, ONDO/TRY, and PAXG/USDC trading pairs. At the same time, they will also activate trading bots for these specific pairs where applicable.
Earlier, Binance announced separately that they’ve introduced perpetual contracts for PUMPUSDT, STOUSDT, and FHEUSDT on their Futures platform to expand trading options and enhance user experience. These contracts offer a maximum leverage of up to 20 times.
Binance reacts to mantra OM token drop
In just a few short hours, the value of Mantra’s OM token plummeted an astounding 90%, triggering a wave of discussion and fear among investors in the cryptocurrency sector.
Overnight on Sunday to Monday, the value of OM plummeted from over $6 to about 40 cents, a significant drop that typically occurs during periods when the cryptocurrency market has lower trading activity. As I write this, OM is currently trading at a 88.26% decrease in the last 24 hours, valued at $0.742.
On a recent blog update, Binance disclosed that they found noticeable fluctuations in MANTRA’s OM price. They added that their preliminary findings suggest that these price swings within the last 24 hours were primarily due to liquidations happening on various trading platforms.
Last October, Binance enacted safety measures concerning OM tokens, such as lowering the allowed leverage rates. Furthermore, in January of this year, Binance introduced a pop-up alert for OM token trades on their platform, informing users that the token’s economic structure had dramatically altered to boost its supply. At present, Binance has revised the risk notification to advise users that the value of OM tokens exhibits extreme volatility.
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2025-04-14 19:09