Binance will roll out a synchronized update to its spot marketplace and automated trading tools on November 18, introducing new USDC-based pairs and features.
Three new spot pairs will be added: 1INCH/USDC, COTI/USDC, and LSK/USDC, allowing users to price positions directly in USDC and reduce conversion fees and slippage by avoiding routing through BTC, ETH, or other cryptocurrencies.
Spot Algo Orders will be activated for the same three pairs, enabling automatic execution of orders based on predefined conditions, such as buying after a breakout or selling after a specific pullback. Binance expects this feature to appeal to traders who want precise rules without manually adjusting orders.
Additionally, Grid Bot and DCA Bot will gain support for ASTER/USDC and ZEC/USDC. Grid Bot executes trades automatically within a defined price range, while DCA Bot allows gradual accumulation of assets through recurring purchases.
Binance aims to expand its USDC-denominated markets in response to user demand for stablecoin pricing and multi-stage automated trading tools.
Source: https://www.binance.com/en/support/announcement/detail/d1248236870e4043aa6924718b14aa3f
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