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    Home » Binance Exchange will add the possibility of trading with stablecocks against each other

    Binance Exchange will add the possibility of trading with stablecocks against each other

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    By BlockchainJournal on January 7, 2019 News
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    Binance Cryptocurrency Exchange announced the addition of new trading pairs with the participation of the so-called stable coins, while they will bargain against each other.

    In particular, starting from 04:00 UTC on Tuesday, January 8, PAX / TUSD, USDC / TUSD and USDC / PAX pairs will become available to exchange users.

    #Binance Will Add PAX / TUSD, USDC / TUSD and USDC / PAX Trading Pairs https: //t.X/LLGtp5Lz pic.twitter.com/OxlhvcrMC4

    – Binance (@binance) January 7, 2019

    Recall that the most well-known stable coins (stablebinks) are tied to the US dollar and differ from other cryptocurrencies by significantly less volatility.

    In November, Binance announced its decision to rename the USDT market to the combined steakcoin market (USDⓈ). As the exchange said then, this was done in order to add support for more trading pairs with different stabcocoins as the base currency.

    Somewhat later, Binance added pairs with Paxos and USD Coin (USDC) tokens to this market.

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