Binance, one of the world's leading cryptocurrency exchanges, announced the addition of two new altcoin parities to its platform. CVC/USDT and WBETH/ETH trading pairs will be available for trading from 2023-05-12 11:00.
Cryptocurrency Exchange Binance Lists CVC/USDT and WBETH/ETH Altcoin Trading Pairs
CVC, also known as Civic, is a blockchain-based platform that provides secure authentication.
WBETH or Wrapped Ether is an ERC-20 token that represents Ethereum on the Ethereum network. It allows Ether holders to use their tokens in decentralized applications (dApps) on the Ethereum network.
The ETH trading pair refers to Ethereum, the second largest cryptocurrency by market capitalization and a popular choice for dApps and smart contracts.
Binance Spot Grid, a tool that allows users to trade with a predefined grid strategy, will also be enabled for trading pairs CVC/USDT and WBETH/ETH within 48 hours of the trading start time.
Spot Grid allows users to set buy and sell orders at predefined price levels, taking advantage of price fluctuations and market volatility.
The addition of these two trading pairs is part of Binance's efforts to expand its offering and provide users with more opportunities to trade on innovative projects.
Binance is actively adding new trading pairs to its platform, focusing on popular cryptocurrencies and those with high growth potential.
As with all trading activities, Binance encourages users to be careful and do their own research before making any trades.
Cryptocurrency trading can be volatile and carries risks, including the potential for loss of capital.
Binance recommends that users carefully evaluate their investment goals, financial standing and experience level before embarking on any trading activity.
*Not investment advice.