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Binance Lists NOT Among 50 Crypto Pairs For Spot Copy Trading

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The world’s largest crypto exchange Binance on Wednesday announced the listing of 50 additional crypto for spot copy trading. Binance to add multiple trending cryptocurrencies including Notcoin (NOT), Axie Infinity (AXS), Immutable (IMX), 1inch Network (1INCH), Astar (ASTR), and others.

Spot copy trading allows users to automatically copy the real-time spot trading strategies of experienced and skilled traders, while reviewing performance metrics such as ROI, PnL, etc. of each trader’s portfolio. Also, it offers lead traders an opportunity to earn a 10% profit share from their copy traders, 10% commissions from their copy traders’ trading fees, and receive other benefits.

Binance Adds 50 Spot Copy Trading Pairs

Crypto exchange Binance in an official announcement on June 5 said it is expanding the list of crypto available for spot copy trading to enhance users’ experience. Users can start trading trending cryptocurrencies such as Notcoin (NOT), Axie Infinity (AXS), Immutable (IMX), 1inch Network (1INCH), Astar (ASTR), and others at 08:00 UTC on June 7, 2024.

Binance is listing crypto pairs — 1INCH/USDT, BEAMX/USDT, IMX/USDT, ONT/USDT, SUSHI/USDT, ACH/USDT, BNX/USDT, IOST/USDT, PHB/USDT, TNSR/USDT, ADX/USDT, CELO/USDT, IOTA/USDT, POLYX/USDT, TRB/USDT, API3/USDT, ELF/USDT, LPT/USDT, RDNT/USDT, TRU/USDT, ASTR/USDT, ENJ/USDT, MI NA/USDT.

Also, REZ/USDT, UMA/USDT, AUCTION/USDT, FRONT/USDT、NFP/USDT、ROSE/USDT、VANRY/USDT、AXL/USDT, GAL/USDT, NOT/USDT, RSR/USDT, WOO/USDT, AXS/USDT, HIFI/USDT, OCEAN/USDT, SANTOS/USDT, XAI/USDT, BAKE/USDT, HIGH/USDT, OGN/USDT, SNX/USDT, XTZ/USDT, BB/USDT, ID/USDT, OMNI/USDT, STG/USDT, and ZIL/USDT

The crypto exchange officially launched Spot Copy Trading in mid-May on massive demand from customers after a successful Futures Copy Trading roll-out last year.

Also Read: 3 Trending Altcoins Set To Rally As Binance Listing These Pairs Next

Notcoin (NOT) Price Fell on Profit Booking

NOT price dropped 8% in the past 24 hours after profit booking by traders, with the price currently trading at $0.02264. The 24-hour low and high are $0.02146 and $0.02644, respectively. Furthermore, the trading volume has increased by 24% in the last 24 hours, indicating interest among traders.

Notcoin, a new Telegram-based game, has quickly caught the attention of market participants where users earn NOT tokens by tapping a virtual coin and completing tasks. The coin even surpassed USDC stablecoin’s trading volume recently. Analysts believe Notcoin can still have further upside momentum before the demand fades.

Also Read: Terra Luna Classic Core Developer Submits Major Proposal, LUNC to $1?

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Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Movimiento millonario de Solana, SOLX es la mejor opción

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El ecosistema de Solana está en alerta tras el reciente movimiento de 27 millones de SOL en un nivel crítico del mercado, lo que ha generado presión de venta y preocupación entre los inversores. Este movimiento masivo ha reavivado el debate sobre la volatilidad y la estabilidad de la blockchain, especialmente en un momento en el que los proyectos emergentes buscan consolidarse como alternativas viables dentro del sector cripto.

En medio de esta incertidumbre, Solaxy, un innovador proyecto basado en la tecnología de Solana, está captando la atención de inversores que buscan una opción más estable y con un enfoque de crecimiento a largo plazo.

Su preventa en curso se perfila como una de las más prometedoras del año, ofreciendo una oportunidad única para quienes desean sumarse a un ecosistema de alta velocidad y bajas comisiones, sin verse afectados por la reciente volatilidad de SOL.

El impacto del movimiento de 27millones de SOL en el mercado

El reciente desplazamiento de 27 millones de tokens SOL ha generado preocupaciones entre los traders y analistas ante la caída del mercado. Estas transacciones suelen estar asociadas con actividades de venta masiva por parte de grandes inversores o entidades que poseen una cantidad significativa de tokens, también conocidos como “ballenas”.

Históricamente, movimientos de esta magnitud han provocado caídas en el precio de SOL debido al aumento en la presión vendedora. La incertidumbre sobre la intención detrás de estos movimientos ha llevado a algunos inversores a buscar alternativas dentro del ecosistema blockchain.

Solaxy: La alternativa a la volatilidad de SOL

En este contexto, Solaxy ha emergido como una opción segura con un modelo de crecimiento sostenible. Diseñado para aprovechar la infraestructura rápida y escalable de Solana, Solaxy ofrece soluciones innovadoras dentro del sector de las finanzas descentralizadas (DeFi), permitiendo transacciones eficientes y accesibles para todos los usuarios.

Uno de los principales atractivos de Solaxy es su compromiso con la estabilidad del ecosistema. A diferencia de otros proyectos que dependen exclusivamente de la valoración de un token volátil, Solaxy está diseñado para ofrecer recompensas consistentes a sus inversores a través de su sistema de staking y generación de ingresos pasivos.

Además, su preventa en curso ya roza los 30 millones de recaudación, y ha sido recibida con entusiasmo por la comunidad cripto, atrayendo tanto a inversores experimentados como a nuevos participantes en el mercado. Los analistas destacan que el modelo de preventa de Solaxy permite beneficiarse de precios iniciales bajos, ya que hablamos de una criptomoneda con potencial de crecimiento significativo a medida que el proyecto gane adopción en el mercado.

¿Por qué los inversores están apostando por Solaxy?

  1. Innovación en DeFi: Solaxy está construyendo un ecosistema financiero descentralizado que permite a los usuarios realizar transacciones rápidas y seguras con comisiones ultra bajas, aprovechando al máximo la tecnología de Solana.
  2. Modelo de recompensas atractivo: A diferencia de otras criptomonedas, Solaxy ofrece recompensas pasivas a los holders a través de staking y mecanismos de liquidez.
  3. Preventa con alto potencial: Los primeros inversores en Solaxy pueden acceder a su token a precios significativamente bajos antes de su lanzamiento oficial en los exchanges, con la posibilidad de obtener altas rentabilidades.
  4. Resistencia a la volatilidad: Mientras que el mercado de SOL enfrenta incertidumbre, Solaxy está diseñado para proporcionar estabilidad a sus inversores, diversificando sus fuentes de ingresos y reduciendo el impacto de grandes movimientos especulativos.

El futuro de Solaxy y su impacto en el mercado cripto

La industria blockchain está evolucionando rápidamente, y los inversores están buscando proyectos que ofrezcan una combinación de innovación y seguridad. Con su enfoque en la estabilidad, bajas comisiones y alto rendimiento, Solaxy se posiciona como una de los mejores proyectos de criptomonedas dentro del ecosistema Solana.

solaxy es la mejor alternativa a solana

Si bien el movimiento de 27 millones de SOL ha generado incertidumbre en el mercado, también ha abierto una puerta para nuevas oportunidades de inversión. Para aquellos que buscan un proyecto con fundamentos sólidos y un equipo comprometido con el crecimiento a largo plazo, Solaxy representa una alternativa que podría superar las expectativas en los próximos meses.

SOLX es la mejor alternativa 

El mercado de las criptomonedas sigue siendo volátil, y eventos como el reciente desplazamiento de 27 millones de SOL demuestran la importancia de elegir inversiones con un enfoque estratégico. En este contexto, Solaxy se ha consolidado como una opción viable y confiable, captando la atención de inversores que buscan estabilidad y crecimiento.

Con su modelo innovador y su atractiva preventa, Solaxy no solo está desafiando la volatilidad del mercado de SOL, sino que también se está posicionando como una de las criptomonedas con mayor potencial de crecimiento en el ecosistema blockchain.

Para aquellos interesados en participar en la preventa y asegurar su posición en un proyecto con alto potencial, el momento de actuar es ahora. La revolución de Solaxy está comenzando.

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Binance Issues Key Announcement On StakeStone TGE; Here’s All

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Crypto exchange titan Binance has once again stolen the spotlight with its recent update on the omnichain liquidity infrastructure protocol, StakeStone. On Thursday, April 3, the CEX revealed that it is hosting the TGE for STO, offering market support to the token.

Mentioned below are some of the key details traders and investors should know as they look to capitalize on such emerging market opportunities.

Binance Reveals StakeStone’s Exclusive Token Generation Event (TGE); Here’s Everything To Know

In an official announcement, Binance Wallet announced that it is hosting the StakeStone TGE on BNB Chain with PancakeSwap. The STO TGE will be held on the BNB Chain and users are urged to keep sufficient BNB tokens in their wallets in order to participate.

Here’s The Start & End Date For StakeStone TGE

Start Date: April 3 at 08:00 AM UTC
End Date: April 3 at 08:30 AM UTC

The total number of STO tokens available in this event is 50,000,000, worth 5% of the total supply. Further, the total raise amount is $1,000,000 in BNB, per the announcement. No tokens other than those mentioned are to be accepted at this event.

Other Subscription Details On Binance Wallet

Additionally, the top crypto exchange set the price per token at $0.02 USD in BNB. The maximum amount of Binance Coins that each user can use to subscribe STO is 3 (Subscription Cap). Token allocations are to be conducted on a pro-rata basis, considering each user’s subscription amount against the total amount collected during TGE.

DEX trading for StakeStone will kick off promptly after April 3 at 08:30 UTC. Users can partake in STO DEX trading via PancakeSwap, a hotspot on BSC for trading BEP-20 tokens, and also the platform’s Wallet DEX division.

This announcement has altogether kept the crypto market abuzz as the omnichain liquidity protocol born in 2023 marks a landmark achievement with its TGE.

Crypto Exchange BingX Joins The Fray

Another renowned cryptocurrency exchange named BingX revealed plans to add STO to its Launchpool in the interim. The exchange is offering users a zero-fee staking experience from April 2-7.

Top crypto exchanges like Binance and BingX bolster the new crypto project with enhanced offerings, and market sentiments about StakeStone now glimmer with optimism. Crypto market traders and investors are eagerly awaiting further details on the matter, whilst some speculate if other exchanges will also join the fray.

It’s worth pointing out that another crypto airdrop and listing event has gained significant traction in recent days. CoinGape reported that the Initia (INIT) airdrop, which hovers right over the horizon, is extensively monitored by investors looking to catch on early trading opportunities.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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VanEck Seeks BNB ETF Approval—Big Win For Binance?

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Investment giant VanEck has registered a Binance Coin (BNB) exchange-traded fund in Delaware, marking its fifth cryptocurrency ETF registration in the state. The move comes as major financial institutions continue to bet on digital assets despite market volatility.

BNB Joins VanEck’s Crypto ETF Lineup

According to public records on Delaware’s official state website, VanEck registered the new product on Monday under filing number 10148820. The “VanEck BNB ETF” was registered as a trust corporate service company, following similar registrations for Bitcoin, Ethereum, Solana, and Avalanche ETFs.

The New York-based company confirmed the BNB ETF will track the price of Binance Coin, currently ranked as the fifth-largest cryptocurrency with a market value of approximately $599. On-chain data showed BNB’s trading volume jumped 40% to over $2 billion after the announcement.

First BNB ETF Attempt In US Markets

VanEck’s filing represents the first attempt to create a Binance Coin ETF specifically for US investors. While other BNB-related products exist in global markets, such as the 21Shares Binance ETP, none are based in the United States. The 21Shares product remains the only exchange-traded note tracking the Binance Coin index.

The registration follows VanEck’s successful launches of Bitcoin and Ethereum ETFs last year after securing Securities and Exchange Commission approval. The company manages nearly $115 billion in client assets globally.

Crypto ETF Race Heats Up

“VanEck seems to be taking a ‘throw everything at the wall and see what sticks’ approach, which makes sense,” said Sumit Roy, senior ETF analyst at etf.com. “Avalanche isn’t the most widely traded cryptocurrency, but being first to market with an ETF in a new category comes with potential upside and little downside.”

BNB market cap currently at $85 billion. Chart: TradingView.com

The move comes just weeks after VanEck applied for SEC approval to launch the first AVAX ETF. Based on reports from Delaware’s state website, that document was registered under file number 10125689.

VanEck isn’t alone in pursuing alternative cryptocurrency ETFs. Grayscale has also applied to launch funds based on XRP, Solana, and Dogecoin. The firm’s Bitcoin fund currently manages nearly $17 billion and ranks third among Bitcoin funds from companies like BlackRock and Fidelity.

Crypto ETFs Gaining Momentum

The surge in ETF applications follows the strong performance of spot Bitcoin and Ethereum funds in 2023. Crypto-based exchange-traded products have drawn approximately $44 billion in assets during 2024 alone.

The NASDAQ exchange also submitted an application to the SEC on March 28 to list shares of an Avalanche ETF issued by crypto asset manager Grayscale. According to filing documents, Grayscale’s AVAX fund would use Coinbase Custody as its custodian.

VanEck’s latest move with BNB suggests major financial institutions see growing investor appetite for regulated cryptocurrency investment vehicles beyond just Bitcoin. The company filed for a Solana ETF in June 2024, making it the first potential SOL exchange-traded fund in the US.

To gain official approval, VanEck must now file a formal S-1 form with the SEC for these newly registered crypto ETFs.

Featured image from Gemini Imagen, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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