Binance adds new pairs with NOT and NEAR
Leading exchange Binance has announced the addition of two new trading pairs to its platform: NEAR/BRL and NOT/USDC. Thus, the expansion of trading choices shows the diversity of options on Binance for traders from all over the world.
NEAR's launch on Binance comes as the asset continues to garner increased attention. And the addition of the NEAR/BRL pair was a long-awaited update.
Conversely, the NOT/USDC trading pair features the Notcoin token in combination with the U.S. Dollar Coin (USDC), a stablecoin directly tied to the value of the U.S. dollar. Originating from a popular Telegram game that introduced many to Web3 through a simple tap-to-earn concept, NOT represents the primary cryptocurrency of Notcoin.
According to a Binance blog post, the trading for NEAR/BRL and NOT/USDC pairs will commence on Binance Spot at 3:00 p.m. (UTC) on May 30, with Trading Bots services being made available for these pairs on the same day.
The rollout of the NEAR/BRL and NOT/USDC pairs by Binance not only bolsters the liquidity of these tokens but also enhances the accessibility for traders keen on exploring these innovative projects.
The introduction of these new pairs reinforces the diversity of Binance Spot's trading options and is poised to elevate the trading experiences of its users. Following the announcement, the value of Notcoin saw a surge, climbing 24% in the last 24 hours to reach $0.01175, illustrating the positive market response to Binance's continuous efforts to broaden its trading services.