A prominent cryptocurrency exchange, Binance, has updated the minimum order size for specific spot and margin trading pairs.
Recently, Binance, one of the most prominent cryptocurrency exchanges in the world, informed its users of a platform upgrade. In an effort to enhance the usability of trading for its clientele, Binance initiated a recent update concerning particular spot and margin trading pairs.
It is worth noting that the announcement garnered considerable attention and interest in the wider cryptocurrency community as it emerged on the horizon. Moreover, upon learning of the announcement, cryptocurrency market aficionados, reacted angrily, emphasizing its acquisition of meme currencies.
Binance’s Update On Spot And Margin Trading Pairs
As per the declaration made by Binance today, December 20, the minimum order size for specific spot and margin trading pairs will be decreased. This is an effort to increase the level of accessibility that users have when transacting on the platform.
Furthermore, as stated in the official statement from the cryptocurrency exchange, the implementation of the update is scheduled to commence on December 22 at 7:00 UTC. The forthcoming update will not, nevertheless, have an impact on critical trading functions such as spot and margin trading.
In the interim, the subsequent spot and margin pairs have been added to the change log: 1000SATS/FDUSD, 1000SATS/USDT, BONK/FDUSD, BONK/USDT, FLOKI/TUSD, FLOKI/USDT, MEME/FDUSD, MEME/TUSD, MEME/USDT, PEOPLE/USDT, PEPE/TUSD, PEPE/USDT, SHIB/EUR, SHIB/FDUSD, SHIB/TUSD, and SHIB/USDT.
The minimal order size is decreased from five to one for each of the pairs above, allowing users to execute small trades.
Report on SHIB, PEPE, And FLOKI Prices
The prices of the SHIB and FLOKI tokens increased sharply in response to Binance’s announcement, while the price of PEPE has decreased slightly over the last twenty-four hours.
As of this writing, the Shiba Inu is being traded at $0.00001039. Its price has increased by 0.72% over the previous twenty-four hours. Furthermore, following Binance’s declaration, the token immediately increased by 0.42% within the last hour.
Moreover, the FLOKI price increased marginally by 0.67% over the previous twenty-four hours, attaining $0.00003525. Notably, the price of FLOKI increased by 1.09% within the last hour.
In conclusion, the price of Pepe has decreased marginally by 0.30% over the previous twenty-four hours and is presently at $0.000001292. In contrast to its twenty-four-hour decline, the price of Pepe has increased by 1.29 percent in the last hour.
The tokens above experienced an hourly surge shortly after Binance’s announcement, which sparked worldwide speculation among cryptocurrency market enthusiasts.