Binance Pushes For SHIB, USTC, AGIX Liquidity and Trading Boost

The world’s largest crypto exchange Binance expands support for key cryptocurrencies including SingularityNET (AGIX), Shiba Inu (SHIB), TerraClassicUSD (USTC) and others. Notably, Binance will adjust the tick size of trending spot trading pairs to increase market liquidity and improve trading experience by next week.

Binance Expands Support For SHIB, USTC, AGIX

Binance in an official announcement said it will adjust the tick size for some listed cryptocurrencies via API by May 23 at 05:00 UTC. The crypto exchange cites increasing market liquidity and improving trading experience as the reasons behind the move.

“The tick size update will not affect existing spot orders. After the tick size is updated, orders placed before the update will still be matched with the original tick size,” as per the announcement.

The tick size is decreased for AGIX/FDUSD, AGIX/TRY, AGIX/USDT, ALT/BNB, ALT/FDUSD, ALT/TRY, ALT/USDC, ALT/USDT, ARKM/BNB, ARKM/FDUSD, ARKM/TRY, ARKM/TUSD, ARKM/USDT, EDU/USDT, FET/FDUSD, FET/TRY, FET/USDC, and FET/USDT.

Whereas, the tick size is increased for ID/TRY, ID/USDT, REN/USDT, SHIB/TRY, STX/FDUSD, STX/TRY, STX/USDC, STX/USDT, TRX/TRY, TRX/XRP, USTC/FDUSD, USTC/TRY, USTC/USDT, VANRY/USDT, XAI/BNB, and XAI/TRY.

Also Read: Bitcoin Price Reaches $67000 Clinching $1.32 Trillion Market Cap, What’s Next?

SHIB, USTC, AGIX Saw Price Increase

SHIB price jumped 2% in the past 24 hours and 12% in a week, with the price currently trading at $0.000025. The 24-hour low and high are $0.0000242 and $0.0000253, respectively. However, the trading volume has decreased by 50% in the last 24 hours.

USTC price climbed over 4% in the last 24 hours with the price currently trading at $0.02244. The 24-hour low and high are $0.02157 and $0.02283.

Meanwhile, AGIX price has increased by 7% in the past 24 hours. The price currently trades at $0.980, with a 24-hour low and high of $0.912 and $0.989, respectively.

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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.