Cryptocurrency

Dymension

Zero

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/binance-expands-trading-options-for-dymension-with-zero-fees" rel="noopener noreferrer nofollow">Binance Expands Trading Options for Dymension with Zero Fees</a><br></p>
<p style="text-align: justify">Cryptocurrency exchange Binance has made headlines again with its decision to list Dymension (DYM) for trading. The platform’s co-founder, Yi He, recently reassured the crypto community following the RONIN incident, garnering renewed trust in Binance. The addition of DYM to the exchange’s roster drew significant attention, signaling the company’s latest strategic move.</p>
<h2 id="trading-dym-on-binance">Trading DYM on Binance</h2>
<p style="text-align: justify">Binance launched DYM on its platform, inciting notable market activity. Shortly thereafter, the exchange announced the integration of DYM into its margin and Futures trading suite. The move was further sweetened by the absence of a listing fee, which stood at 0 BNB for DYM.</p>
<p style="text-align: justify">The official statement from Binance detailed that DYM trading would commence with spot trading pairs including DYM/BTC, DYM/<a href="https://en.bitcoinhaber.net/hong-kongs-tight-grip-the-implications-of-new-stablecoin-regulations" rel="noopener noreferrer nofollow">USDT</a>, DYM/FDUSD, and DYM/TRY. The initiation of deposits was immediate, with withdrawal functionalities following a day later.</p>
<h2 id="the-market-response-to-dym-s-listing">The Market Response to DYM’s Listing</h2>
<p style="text-align: justify">The market has reacted positively to DYM’s presence on Binance, evidenced by a 31.5% price surge in the past 24 hours, reaching $5.25. The cryptocurrency’s market capitalization observed a 32% growth, attaining $770 million. Impressively, the trading volume since DYM’s inception on the exchange has already exceeded $400 million.</p>
<p style="text-align: justify">Investors and traders are now contemplating their next steps with DYM, as some share their substantial financial gains online. This uncertainty leads to a split in strategies, with some opting for immediate sales and others considering the potential of staking their holdings.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/binance-expands-trading-options-for-dymension-with-zero-fees" rel="noopener noreferrer nofollow">Binance Expands Trading Options for Dymension with Zero Fees</a></h5>

Binance Expands Trading Options for Dymension with Zero Fees

Table of Contents

BH NEWS

Autres articles publiés le 7 févr. 2024

Stablecoins – Who will achieve regulation, the United States or the United Kingdom?

Tech Market Turbulence Hits Fireblocks as Crypto Startup Slashes Jobs

Price Analysis: TRON (TRX) Price Up More Than 3% In 24 Hours

Ethereum’s Price Climbs as Dencun Upgrade Approaches

Prosecutors call for hearing over lawyers representing Sam Bankman-Fried and Alex Mashinsky

Bitget Introduces NAVI Protocol (NAVX) to the Innovation and DeFi Zone

Join our free newsletter for daily crypto updates!