Listing Announcements Arrived from Binance and Those 8 Crypto Exchanges!

The cryptocurrency market had a day full of exciting developments on June 25, 2024. While many new tokens are taking their place on the stock exchanges, Binance Futures also announced an important innovation for investors. Binance Futures has added the TONUSDT USDⓈ-M contract to its copy trading platform. In this way, investors will be able to invest by automatically copying the processes of experienced traders. This feature, which will be especially useful for new investors, offers easier entry into the cryptocurrency market. In this article, we will touch upon the details of these developments and the salient points for investors.

Binance adds TONUSDT contract

The cryptocurrency market had an active day today. While many exchanges are listing new tokens, Binance Futures also announced a new feature for investors. Binance Futures added the TONUSDT USDⓈ-M contract to its copy trading platform as of 11:00 AM ET today. Copy trading offers the opportunity to invest by automatically copying the processes of experienced investors. This feature can be especially useful for investors new to the cryptocurrency market.

There are new listings on other exchanges

Today, many cryptocurrency exchanges tried to attract the attention of investors by listing new tokens. Here are some featured listings:

• MEXC Global: Biaoqing (BIAO/USDT), Haven’s Compass (CMPS/USDT), Ape (APECOIN/USDT), Geodnet (GEOD/USDT)
• BitMart: BEFE (BEFE/USDT), Non-Playable Coin (NPC/USDT), Qudefi (QDFI/USDT)
• CoinEx: Non-Playable Coin (NPC/USDT), Lifeform (LFT/USDT), Mystiko (XZK/USDT), Artrade (ATR/USDT)
• AscendEX: Across Protocol (ACX/USDT), Pendle (PENDLE/USDT)
• CoinW: Ape (APECOIN/USDT)
• Coinone: cat in a dogs world (MEW/KRW)
• XT.com: LandWolf (WOLF/USDT)
• Bitfinex: Blast (BLAST/USDT) (no detailed information)
• Dex-Trade: Worldwide USD (WUSD/USDT) (no detailed information)

What should be paid attention to?

Listing a token on cryptocurrency exchanges means opening that token to trading processes. In this way, investors can exchange that token for other cryptocurrencies such as USDT, BTC, BNB on the relevant exchange. The cryptocurrency market is active and it is important to consider its risks before investing. Listings offer the opportunity to invest in tokens from different projects. Additionally, the increase in the transaction volume of the token makes the buying and selling processes easier and faster.

Projects reach a wider audience and increase recognition. They also provide resources to develop the project by receiving funds from investors. On the other hand, increasing the transaction volume of the token contributes to stability by reducing price fluctuations. Therefore, altcoin listings of cryptocurrency exchanges are of great value. However, it is important to note that this does not mean that every listed token is safe and worth investing in. Before investing, it is necessary to research the project behind the token and obtain detailed information.