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<a href="https://bitcoinworld.co.in/binance-lists-ethfi-meme-pyth-among-7-new-fdusd-trading-pairs/" title="Binance Lists ETHFI, MEME, PYTH Among 7 New FDUSD Trading Pairs" rel="noopener noreferrer nofollow"></a>
<ul>
 <li style="font-weight: 400">Binance introduces new FDUSD trading pairs for ALT, ETHFI, IO, MEME, PYTH, TNSR, and TAO, offering zero-fee trading, which has also coincided with price surges in listed tokens.</li>
 <li style="font-weight: 400">Binance increases broker user fees, impacting prime brokers’ competitive edge and encouraging direct trading on its platform.</li>
</ul>
Binance, the world’s largest cryptocurrency exchange, has revealed plans to introduce new FDUSD trading pairs for both cross margin and isolated margin trading.&nbsp;
The exchange will list several cryptocurrencies including ALT (Altlayer), ETHFI (Ether.fi), IO (io.net), MEME (Memecoin), PYTH (Pyth Network), TNSR (Tensor), and TAO (Bittensor).&nbsp;
This announcement, made on June 28, has sparked interest within the crypto community, with many speculating about potential price increases for these tokens following their FDUSD listing.
<h3 id="span-style-font-weight-400-details-of-the-new-trading-pairs-span">Details of the New Trading Pairs</h3>
Binance’s official announcement outlined the specifics of the <a href="https://bitcoinworld.co.in/binance-added-many-fdusd-trading-pairs-to-margin-transactions/" rel="noopener noreferrer nofollow">new FDUSD</a> cross and isolated margin trading pairs.&nbsp;
Users can now trade FDUSD pairs for Memecoin, ETHFI, Pyth, Bittensor, Altlayer, Tensor, and IO.&nbsp;
The new trading pairs are identical for both cross margin and isolated margin trading: ALT/FDUSD, ETHFI/FDUSD, IO/FDUSD, MEME/FDUSD, PYTH/FDUSD, TNSR/FDUSD, and TAO/FDUSD.
As an added incentive, Binance is offering zero-fee trading on FDUSD pairs, with the exact terms depending on users’ VIP levels.&nbsp;
The exchange stated that this move aims to enhance user trading experience by expanding trading options, allowing for greater portfolio diversification and more flexible trading strategies.
<h3 id="span-style-font-weight-400-market-impact-and-price-movements-span">Market Impact and Price Movements</h3>
The <a href="https://www.binance.com/en/support/announcement/binance-margin-adds-new-fdusd-pairs-2024-06-28-8cc00ce19059474c8f41bd00c04da22e?hl=en" rel="noopener noreferrer nofollow">announcement</a> has coincided with positive price movements for the listed tokens. In the 24 hours following the news, these cryptocurrencies experienced gains ranging from 1% to 6%.
Memecoin (MEME) saw a 4.97% increase, trading at $0.01978 with a 24-hour volume of $34.1 Million. Ether.fi (ETHFI) rose by 5.69% to $3.34, with a volume of $121Million.&nbsp;
Pyth Network (PYTH) experienced the largest increase of 6.21%, trading at $0.326 with a volume of $65.1 Million.
IO.net (IO) with the least price increase among these selected coins, gained 1.23%, reaching $3.49 with a volume of $183.3 Million. This upward trend aligns with the broader altcoin rally, which has been following Bitcoin’s recent price increase earlier this week.&nbsp;
Bitcoin itself was trading at $61,476.59, up 1.18% over 24 hours, with a trading volume of $24 billion.

Binance Lists ETHFI, MEME, PYTH Among 7 New FDUSD Trading Pairs

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