Binance Lists NOT Among 50 Crypto Pairs For Spot Copy Trading

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.