Binance is preparing to launch trading pairs such as CVC, Syn and more on March 13th

Binance is expanding its spot trading offering with a new USDC-based spot trading pair in a series of tokens that will be released on March 13th.

On March 12, the leading Crypto Exchange announced that it will provide trading support for many new spot trading pairs, including CVC/USDC (USDC), EURI/USDC, Syn(Syn)/USDC, USDC/RON and Velodrome/USDC. Transactions will begin at 8:00 UTC on March 13th.

Apart from other tokens, Ron is the currency of Romnian Leu Fiat that can be traded with Circle's USDC.

Furthermore, this Binance will also be able to provide trading bot services for the aforementioned trading pairs once trading support is launched. However, some users living in certain areas may not be able to access these spot trading pairs due to local restrictions that may change over time.

Users living in Canada, Cuba, the Crimea region, Iran, the Netherlands, North Korea, Syria, the United States and its territories, as well as non-governmental managed regions in Ukraine will not have access to the new spot trading pair. Therefore, all users must undergo account verification to access the new trading pair.

Shortly after the announcement, most of the tokens listed for the spot trading pair experienced profits. CVC rose more than 5% after the Binance Notice was published. Civic's native tokens are currently trading their hands for $0.095.

Meanwhile, Synapse tokens rose by more than 5% to $0.183. Syn's Binance Boost helped us break through the downward trend as tokens have fallen nearly 30% in the past week and more than 50% in the past month.

Syn was first listed on Binance Futures in August 2024, but has yet to receive Exchange's standalone token list.

Additionally, Velodrome Finance tokens have risen 2.2% since the Binance notification was announced. Over the past 24 hours, Velo has risen 1% to $0.048. Like Syn, Velo has broken through its decline pattern. Velo has dropped by 21.2% over the past week, falling by more than 34% over the past month.

Finally, EURI has seen only $1.09, up 0.3% in trading over the past 24 hours. Eurite tokens have seen small profits over the past few days. Euri has increased by 2.3% over the past week and 5.7% over the past month.

Today, Cryptoquant analyst DarkFost said the proportion of Binance's Bitcoin (BTC) whale is declining, indicating that sales pressure appears to be eased from sales pressure from large BTC's Binance holders.