Binance, one of the world's leading cryptocurrency exchanges, announced that it has added two new trading pairs to its platform. AERGO/USDT and RNDR/TRY trading pairs will be available for trading on Binance from 11:00 AM on May 5, 2023.
Cryptocurrency Exchange Binance Adds AERGO/USDT and RNDR/TRY Trading Pairs
Investors can now buy and sell AERGO against USDT, a stablecoin pegged to the US dollar, and RNDR against TRY, which is Turkish lira. Binance will also enable the Spot Grid feature for the AERGO/USDT trading pair within 48 hours of the trading start time.
AERGO is the native cryptocurrency of the AERGO blockchain that aims to provide a platform for businesses to more easily build and deploy decentralized applications (dApps).
AERGO blockchain uses a hybrid consensus mechanism combining proof of work (PoW) and delegated proof of stake (DPoS) to increase scalability and security.
RNDR, on the other hand, is the utility token of the Render Network, a decentralized GPU processing network that allows users to lease their unused computing power to others in exchange for RNDR tokens.
Render Network aims to provide an efficient and cost-effective way for content creators to create high-quality computer-generated images and video.
The addition of these two new trading pairs gives Binance users more options for trading cryptocurrencies and expands the exchange's portfolio of digital assets.
Binance is constantly adding new trading pairs and features to its platform, positioning itself as a leading player in the cryptocurrency space.
*Not investment advice.
