Binance Made an Announcement Concerning These 4 Altcoins: There is a New List Too!

As the waters heat up in the cryptocurrency market, exchanges continue to make updates to improve customer experiences. Binance, the world’s largest cryptocurrency exchange, made different announcements regarding 4 altcoins.

Binance lists BAKE/TRY and LISTA/BRL

cryptokoin.com As you can follow from , cryptocurrency exchanges make updates from time to time to satisfy their customers. Sometimes they add new tokens to their lists, and sometimes they expand the process parities of the tokens. Leading crypto exchange Binance announced that it has added new pairs for two altcoins in spot processes. One of these came as TL parity for Turks who showed great interest in cryptocurrencies. In this context, the stock exchange made the following announcement:

Dear Binance users, in order to expand the list of trading options offered on Binance Spot and improve users’ trading experience, Binance will open trading processes for BAKE/TRY and LISTA/BRL trading pairs on June 21, 2024 at 17:00 UTC. .

In addition, Binance will activate Trading Bot services for BAKE/TRY and LISTA/BRL parities in the same period.

Binance integrates USDT into Toncoin Network!

The crypto exchange announced that Tether (USDT) has been successfully integrated into the Toncoin Network. According to Binance’s official announcement, as of June 21, users will now be able to deposit and withdraw USDT via Toncoin. By integrating with the Ton Blockchain, Binance provides users with flexibility in moving stablecoin liquidity. This breakthrough expects process speeds to increase, prices to decrease, and USDT processes to be carried out with a cost-effective procedure.

Users are encouraged to check their assigned token deposit addresses and smart contract addresses on the Ton Network through the relationships provided in Binance’s official announcement. USDT integration into Binance’s Toncoin Network comes ahead of the expected regulatory change in the European Economic Area (EEA). These changes mean that unauthorized stablecoins such as USDT will definitely be subject to restrictions under Crypto Asset Markets (MiCA) regulations. Binance recommends that users stay informed about these changes to ensure compliance and avoid any issues with their future crypto activities.

Exchange will support Metal DAO’s network upgrade

Binance announced that it will support the Metal DAO (MTL) main-net upgrade starting June 24, 2024. During this period, Binance will suspend the deposit and withdrawal processes of MTL tokens. The exchange advised users to ensure that all processes involving legacy MTL tokens are completed before this suspension takes effect. Meanwhile, spot trading, margin trading, futures trading and Binance Earn services will not be affected during the main-net transition.

Binance stated that it will meet all technical needs for the main-net exchange on behalf of its users. The swap will convert old MTL tokens into new MTL tokens at a 1:1 ratio. Thus, subsequent deposits and withdrawals of old tokens will no longer be supported. The exchange will issue a separate announcement to inform users about when they can deposit and withdraw the new MTL tokens. This main-net upgrade represents a valuable upgrade for Metal DAO. Binance’s foundation ensures a hassle-free transition for its users.