Arbitrum

Maverick Protocol

Spot

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    <h4 class="relative p-1 rounded-sm flex items-center justify-center bg-token-main-surface-primary text-token-text-primary h-8 w-8"><strong>Binance has announced several significant updates affecting its platform, including support for the Sei Network upgrade, and tick size adjustments.</strong></h4> 
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     Also, new promotions, and the removal of certain spot trading pairs. These changes will impact various aspects of the trading experience and platform functionality.
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<h5><strong>1) Support for Sei Network Upgrade</strong></h5> 
<p>Starting from approximately 15:30 UTC on July 15, 2024, Binance will suspend deposits and withdrawals for tokens on the Sei (SEI) network. This suspension is part of Binance’s effort to support the Sei Network’s network upgrade.</p> 
<p>The temporary halt will ensure a smooth transition and optimal user experience during the upgrade process. Users are advised to plan their transactions accordingly to avoid any inconvenience. More info <a href="https://www.binance.com/en/support/announcement/binance-will-support-the-sei-sei-network-upgrade-2a8972ca9b274c808120d234433a4228?hl=en" target="_blank" rel="noopener">here</a>.</p> 
<h5><strong>2) Tick Size Adjustments for Spot Trading Pairs</strong></h5> 
<p>To enhance market liquidity and improve the trading experience, Binance will adjust the tick size— the minimum price increment for certain spot trading pairs—by July 22, 2024, at 05:00 UTC.</p> 
<p>This adjustment aims to provide more precise trading opportunities and better align with market conditions. Traders should review the updated tick sizes for their trading pairs to ensure they are aware of the new minimum price changes. More info <a href="https://www.binance.com/en/support/announcement/updates-on-tick-size-for-spot-trading-pairs-2024-07-22-dcd1e0044c944469bbbfe821ea8883e5?hl=en" target="_blank" rel="noopener">here</a>.</p> 
<h5><strong>3) $PEPE Flexible Products Promotion</strong></h5> 
<p>Binance is launching a new promotion for its $PEPE flexible products, offering up to 8% bonus tiered annual percentage rates (APRs). The promotion runs from July 16, 2024, at 00:00 UTC to August 15, 2024, at 23:59 UTC.</p> 
<p>This offer provides users an opportunity to maximize their returns on $PEPE holdings with attractive bonus rates. Participants should take advantage of this limited-time promotion to benefit from the higher APRs. More info <a href="https://www.binance.com/en/support/announcement/pepe-flexible-products-complete-subscription-to-enjoy-up-to-8-bonus-tiered-apr-37847fb264204ae08110d1455b375ba8?hl=en" target="_blank" rel="noopener">here</a>.</p> 
<p><img decoding="async" class="wp-image-146172 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xcvvcbvcbcxvds-300x288.jpg" alt="" width="525" height="504" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xcvvcbvcbcxvds-300x288.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xcvvcbvcbcxvds.jpg 391w" sizes="(max-width: 525px) 100vw, 525px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/binance/status/1814329447459258549" target="_blank" rel="noopener">X</a></strong></h6> 
<h5><strong>4) Removal of Spot Trading Pairs</strong></h5> 
<p>Following recent reviews, Binance will remove and cease trading on specific spot trading pairs. The affected pairs are ICP/BNB and MAV/TUSD, with the removal effective from July 19, 2024, at 03:00 UTC.</p> 
<p>Traders holding these pairs should make arrangements before the removal date to avoid any potential issues. More info <a href="https://www.binance.com/en/support/announcement/notice-of-removal-of-spot-trading-pairs-2024-07-19-6b85eba2df6e4874b4ea4b5d2f4d1062?hl=en" target="_blank" rel="noopener">here</a>.</p> 
<h5><strong>5) Maverick Protocol (MAV) and ETHFI Integration</strong></h5> 
<p>Binance has completed the integrations of Maverick Protocol (MAV) and ETHFI on the Arbitrum One Network. Deposits and withdrawals for these assets are now open. This integration enhances Binance’s support for decentralized protocols and expands trading opportunities on the Arbitrum One Network. More info <a href="https://www.binance.com/en/support/announcement/binance-completes-integrations-of-maverick-protocol-mav-and-ether-fi-ethfi-on-arbitrum-one-network-opens-deposits-and-withdrawals-deb2c78ba43f420cab1c52981f875c3d?hl=en" target="_blank" rel="noopener">here</a>.</p> 
<p>These updates reflect Binance’s ongoing commitment to improving its platform and user experience. Users should stay informed about these changes and adjust their trading strategies accordingly.</p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/top-5-binances-third-week-of-july-updates/">Top 5 Binance’s Third Week of July Updates</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Top 5 Binance’s Third Week of July Updates

Altcoin Buzz

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