Binance, the world's largest cryptocurrency exchange by trading volume, has expanded its services by adding six new trading pairs, including SHIB/FDUSD and IOTA/TRY, on December 14. The exchange also introduced Trading Bots for these pairs and announced zero maker fees on FDUSD pairs until further notice.

Following this announcement, digital assets such as Shiba Inu (SHIB) and IOTA experienced significant price increases, with SHIB rising over 7% and IOTA over 15% in 24 hours.

Notably, the addition of trading pairs with the Turkish lira (TRY) caters to the growing interest in cryptocurrencies in Turkey, driven by the national currency's depreciation and economic concerns. This move allows Turkish users to further explore the world of crypto and potentially find alternative financial solutions amid the challenging local economy.