Binance Announces New TerraClassicUSD (USTC), BLUR Trading Pairs Among Others – Crypto News – Crypto News
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Binance Announces New TerraClassicUSD (USTC), BLUR Trading Pairs Among Others – Crypto News

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The world’s largest crypto exchange Binance on Monday said it will launch new trading pairs for crypto in high demand. The crypto exchange announces new trading pairs for TerraClassicUSD (USTC), Blur, dYdX, and SuperVerse.

Binance is primarily focusing on USTC, as the price surged by 200% following the recent launch of the USD-M USTC perpetual contract by Binance Futures, with a leverage of up to 50x.

Binance Focuses on TerraClassicUSD (USTC)

According to an official announcement on November 29, Binance will open trading for TerraClassicUSD (USTC), Blur, dYdX, and SuperVerse with FDUSD pairs. The move comes amid massive demand for these crypto recently.

Binance will list BLUR/FDUSD, DYDX/TRY, SUPER/FDUSD, USTC/FDUSD and USTC/TRY spot trading pairs. Users can start trading at 08:00 UTC on November 30.

Notably, users can enjoy zero maker fees on the aforementioned crypto as Binance charges no maker fees for FDUSD pairs.

Also, USTC listing in the Turkish lira (TRY) pair will bring more trading volume for the Terra Classic stablecoin as data indicated that Turkish users are now trading crypto heavily due to hyperinflation in the country.

Also Read: Bitcoin (BTC) Price Jumps to $38,000 As Exchange Supply Drops to 5-Year Low

LUNC and USTC Continue Pumping

Terra Classic ecosystem tokens USTC and LUNC recovered from earlier dump due to Terraform Labs denying involvement in Mint Cash in any way. The broader crypto market recovery is pushing Terra ecosystem tokens’ prices further upwards.

LUNC price jumped 25% in the past 24 hours, extending the rally to 85% this month. LUNC hit 24-hour lows and highs of $0.0000921 and $0.0001243, respectively. However, the trading volume decreased by 40% in the last 24 hours, indicating a decline in interest among traders.

USTC price trades at $0.045, rising 10% in the past 24 hours. The 24-hour low and high are $0.0365 and $0.0457, respectively.

Also Read: Luna Classic (LUNC) Price Rally Extends To 85% As Binance Focuses On USTC

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Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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