Binance, one of the world’s leading cryptocurrency exchanges, recently notified its users about a new upgrade on its platform. With hopes of making trading more accessible for its users, Binance embarks on its recent update revolving around specific spot and margin trading pairs.
Notably, the announcement gained significant traction within the broader crypto market as it surfaced on the crypto horizon. Furthermore, as the announcement came to light, crypto market enthusiasts cracked on it, spotlighting its scooping on meme coins.
Binance’s Update On Spot & Margin Trading Pairs
According to the announcement issued by Binance today, December 20, the exchange is reducing the minimum order size for particular spot and margin trading pairs. This comes as a move to jack up the accessibility of users trading on its platform.
Moreover, according to the statement released by the crypto exchange, the update will be set in motion starting December 22 at 7:00 UTC. However, the upcoming update will not be affecting relevant trading functions like margin and spot trading.
Meanwhile, the update encompasses the following spot and margin pairs- 1000SATS/FDUSD, 1000SATS/USDT, BONK/FDUSD, BONK/USDT, FLOKI/TUSD, FLOKI/USDT, MEME/FDUSD, MEME/TUSD, MEME/USDT, PEOPLE/USDT, PEPE/TUSD, PEPE/USDT, SHIB/EUR, SHIB/FDUSD, SHIB/TUSD, and SHIB/USDT.
For all the above-mentioned pairs, the minimum order size is reduced from five to one, enabling users to make small trades.
Also read: FTX Claim Prices Almost Double Amid Astonishing Revival: Bloomberg
SHIB, PEPE, & FLOKI Price Report
Amid Binance’s announcement, the SHIB and FLOKI tokens noted a prompt jump, with PEPE’s price dipping marginally in the past twenty-four hours.
As of writing, the Shiba Inu price jumped 0.72% in the past 24 hours and is currently trading at $0.00001039. Moreover, aligning with Binance’s announcement, the token showcased a prompt jump of 0.42% over the past hour.
Furthermore, the FLOKI price recorded a marginal hop of 0.67% in the past 24 hours, reaching $0.00003525. Notably, even FLOKI’s price noted a jump of 1.09% in the past one hour.
Lastly, the Pepe price recorded a slight downfall of 0.30% in the past 24 hours, currently resting at $0.000001292. However, in contrast to its 24-hour fall, even the Pepe price surged 1.29% over the past hour.
The hourly surge witnessed by the above-mentioned tokens came soon after Binance’s announcement, stirring speculations among crypto market enthusiasts globally.
Also read: Solana (SOL) Flips XRP As It Tops Ethereum In 24-Hr DEX Volume
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