Binance to open trading of DOGE and XRP paired with FDUSD
Binance to open trading of DOGE and XRP paired with FDUSD
Cryptocurrency exchange Binance has announced the expansion of the line of crypto pairs available for trading.
The exchange will give its users access to trading the popular cryptocurrencies DOGE, SOL, and XRP paired with the First Digital USD (FDUSD) stablecoin, as well as the TOMO/TRY and UNFI/TRY pairs.
Trading of DOGE/FDUSD, SOL/FDUSD, TOMO/TRY, UNFI/TRY, and XRP/FDUSD pairs will begin on September 7, 2023, at 08:00 UTC, according to Binance's website.
The exchange notes that, until further notice, users will enjoy zero maker fees for trading pairs with FDUSD.
The FDUSD stablecoin was launched in June this year by Hong Kong-based financial services company First Digital and operates on the Ethereum and BNB Chain networks. FDUSD is designed to improve the efficiency of cross-border money transfers, payment solutions, and DeFi.
FDUSD, which holds 215th place in the cryptocurrency ranking, has a market capitalization of $382 million.
Binance's support of FDUSD demonstrates the exchange's commitment to providing the best trading experience for its clients, as well as its intention to promote the mass adoption of cryptocurrencies.
Read also: Coinbase launches a cryptocurrency lending service for large investors.
