"Wahhh, there must be many who can't wait to trade in this crypto, right?"
Cryptocurrency exchange Binance added ADA/USDC, AVAX/USDC, MATIC/USDC and XRP/USDC as cross margin pairs while ACM/USDT, AVAX/USDC, FIO/USDT, IQ/USDT, NEXO /USDT, and QKC/USDT as a new isolated margin market.
It also includes AC Milan Fan Token (ACM), FIO Protocol (FIO) and IQ (IQ) as new assets that can be borrowed on cross and isolated margin.
Please note that listing a crypto on Binance can increase its perceived legitimacy and accessibility as well as increase investor demand and positively impact their valuation.
In this particular case, the token traded on Binance may explain why its price showed little or no fluctuation immediately after the announcement.
This is not the first listing or delisting by the firm since earlier this year following Binance ending trading services with Monero (XMR), (XMR), Aragon (ANT), Multichain (MULTI) and Vai (VAI) earlier this month.
Recently, the crypto exchange said that they will also stop support for BNBUP/USDT, BNBDOWN/USDT, ETHUP/USDT, ETHDOWN/USDT and other leveraged token pairs in early April 2024.
The digital assets mentioned above have caused great controversy in their early days in 2020 which were designed mainly for short-term trading.
