Binance has expanded its Cross Margin trading options by adding seven new pairs tied to its United Stables (U) dollar-pegged coin, including APT/U and ENA/U. Concurrently, the exchange will delist seven other spot trading pairs, such as ALT/BNB and ARB/TUSD, on April 2, advising users to adjust their trading bots to avoid losses.
Binance continues to integrate its stablecoin, United States (U), by listing new trading pairs. The latest additions to its Cross Margin program are APT/U, ENA/U, FET/U, NIGHT/U, TRUMP/U, WLD/U, and TRUMP/USD1.
This follows similar expansions for the stablecoin on Binance Spot in February and March. Most tokens involved in the latest update saw price declines on March 31 amid broader market conditions.
In a separate move, Binance will remove several spot trading pairs, including ALT/BNB and ARB/TUSD, effective April 2. The exchange warned, “Users are strongly advised to update and/or cancel their Spot Trading Bots prior to the cessation of Spot Trading Bots services to avoid any potential losses.”
Listings on the world’s largest exchange often trigger significant volatility for assets. For instance, Centrifuge (CFG) saw a 63% price increase in mid-March following its listing on Binance.
Conversely, delistings typically result in sharp price declines. This pattern was observed two weeks ago when several altcoins were removed from the platform.
