Binance, an established cryptocurrency platform, is about to add new trading pairs for Notcoin (NOT) and Dogwifhat (WIF), which will allow users to trade more cryptocurrencies. The new pairs, NOT/Brazil Real and WIF/Euro, will be available to trade starting tomorrow. This will give the market more options for its users around the world.
The story of Notcoin began with a popular Telegram game housed on the TON blockchain. The game used a tap-to-earn mining system to get plenty of users.
Even though some people were skeptical at first because of its unusual beginnings, Notcoin has exceeded expectations, amassing an impressive market capitalization of $1.8 billion and a trade volume of $1 billion.
Binance Trading Expansion
Dogwifhat, a meme coin built on the Solana blockchain, has gone through a rapid rise since it was first released in November 2023. The price of the Shiba Inu-themed token has surged through an all-time high, rising from almost nothing to $4.88. It now has a market value of $2.76 billion and trades worth $500 million every day.
Adding trading pairs for the Brazilian Real (BRL) and the Euro (EUR) shows how popular they are becoming in the cryptocurrency market, giving buyers around the world more options and liquidity.
Binance’s move to list widely recognized tokens like Notcoin and Dogwifhat is in line with its plan to get more traders and make additional revenue from transaction fees.
Binance is also planning to add trading bot services that are specifically made for these new pairs. This is meant to improve the general trading experience for its users.
It is important to know, though, that people who live in the US, Canada, the Netherlands, and other countries will not be able to trade these pairs on the site because of rules that apply to their area.