New $ADA trading pair to become available on Binance following the solid growth of the network's activity
In a recent announcement that might significantly influence the growth trajectory of Cardano , Binance, one of the largest cryptocurrency exchanges worldwide, confirmed the listing of the ADA/TUSD trading pair. This move will likely provide a substantial boost to ADA's liquidity and overall network growth, backed by the exchange's robust user base and market reach.
The new trading pair, ADA/TUSD, will be launched on May 31, 2023, at 8:00 a.m. . Within 48 hours of the trading start time, Binance plans to enable Spot Grid for the newly listed trading pairs. The initiative offers zero maker fees on the ADA/TUSD and LTC/TUSD spot and margin trading pairs for an undefined period.The addition of ADA to Binance's extensive list of trading pairs comes at a favorable time for the Cardano network.
The DeFi boom on Cardano has been a crucial driver for the increased Total Value Locked on the network. Furthermore, ADA has successfully bounced off the local trendline at $0.35 and is currently moving upward, displaying robust performance on the market.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance NFT Launches NFT VIP Program | Binance SupportIntroducing the NFT VIP program to Binance NFT! Launching on June 1, 2023, this program will give NFT VIPs access to lower trading fees and other exclusive benefits on TheBinanceNFT marketplace. Find out more 👉
Read more »
SNEK Cardano Meme Coin Surpasses 150 Million ADA Cap: Here's Why It's HistoricalSNEK becomes second most capitalized coin in the Cardano ecosystem cardano cardanoada cardanocommunity ada snek memecoin meme $ada $snek snekcoinada
Read more »
3 Million Cardano (ADA) Addresses in Losses, Here's What Indicators SuggestCardano (ADA) indicators signal change as three million addresses notch losses ADA $ADA CardanoADA CardanoCommunity
Read more »
Cardano's Hoskinson Shares His Take on Bitcoin OrdinalsIn recent YouTube Q&A session, Charles Hoskinson, founder of Cardano, suggested that Bitcoin Ordinals, latest innovation in industry, would find more conducive environment in Cardano ecosystem
Read more »
Cardano Sees Striking 91% Surge in DEX VolumeCardano, a prominent player in the blockchain arena, has witnessed a striking 91% surge in its decentralized exchange (DEX) volume over the past week
Read more »
Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme CoinsDEX Minswap has seen a significant jump in trading volumes, much of which came from Cardano-based meme coins snekcoinada and $BANK. By shauryamalwa.
Read more »