Binance to Launch USDC Trading Pairs for CHESS, EGLD, OSMO, T, and UTK on March 11
Binance has announced the addition of new USDC trading pairs, set to go live on March 11 at 08:00 (UTC). The newly supported pairs include CHESS/USDC, EGLD/USDC, OSMO/USDC, T/USDC, and UTK/USDC.
Additionally, Binance will enable Trading Bots services for these pairs at the same time. Traders will also benefit from discounted taker fees on all existing and new USDC spot and margin trading pairs.
New Binance Trading Pairs & Bot Services
The following pairs will be available for trading:
Spot Trading & Spot Algo Orders: CHESS/USDC, EGLD/USDC, OSMO/USDC, T/USDC, and UTK/USDC
Spot Grid & Spot DCA: JTO/USDC and TAO/USDC
Market Reaction: Price Spikes for Multiple Tokens
Following Binance’s announcement, several of the listed tokens experienced price increases:
Tranchess (CHESS): Rose from $0.08 to over $0.09, pushing its market cap beyond $18 million.
MultiversX (EGLD): Gained over 2%, climbing from $18.6 to above $19.2.
Osmosis (OSMO): Increased by 2.4%, moving from $0.26 to $0.27 before stabilizing.
Threshold (T): Spiked by nearly 3%, with its market cap rising from approximately $166 million to over $171 million before settling around $170 million.
xMoney (UTK): Saw a 1% increase, trading at $0.04 with a market cap surpassing $28 million.
Jito (JTO): Briefly jumped from $2.16 to $2.28 before stabilizing at $2.21, with a market cap of $669 million.
Bittensor (TAO): Rose from $242 to over $254 before settling at $247, with a market cap of $2.08 billion.
Binance’s latest expansion of USDC trading pairs and bot services has fueled market excitement, driving price surges across multiple assets.
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