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Binance's FTT/USDT Trading Pair Announcement Triggers an 8% Price Surge

Binance’s FTT/USDT Trading Pair Announcement Triggers an 8% Price Surge

Binance to Re-Open FTX Token FTT for Trading

Cryptocurrency exchange Binance has announced that it will re-open trading for FTX’s token FTT starting from September 22, 2023. The token will be available for trading in the FTT/USDT pair, while the FTT/BUSD trading pair will be removed. The reason behind this move has not been specified by Binance. Along with FTT, the exchange will also list several other trading pairs for spot trading including ARK/USDT, CREAM/USDT, GFT/USDT, IQ/USDT, and USDT/VAI.

Trading Pairs to be Removed

Binance has also announced that on September 29, 2023, it will remove and cease trading on several other trading pairs including ARK/BUSD, CREAM/BUSD, GFT/BUSD, IQ/BUSD, and BUSD/VAI.

Hot Take: Binance Expands Trading Options

Binance’s decision to re-open trading for FTX’s token FTT expands the options available to crypto traders. By listing additional trading pairs and removing others, Binance aims to provide a diverse range of choices for its users. This move demonstrates the exchange’s commitment to meeting the evolving needs of its customers and ensuring a seamless trading experience. It also highlights the growing popularity of FTX’s token FTT in the cryptocurrency market. As Binance continues to adapt and innovate in response to market demands, traders can expect more opportunities and flexibility in their trading activities.

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Binance's FTT/USDT Trading Pair Announcement Triggers an 8% Price Surge