Binance expands spot trading options with new pairs

To expand trading options and improve the user experience on its platform, Binance has announced the launch of two new trading pairs: SUI/BRL and TURBO/TRY. These pairs will go live on Binance Spot on October 16, 2024, at 08:00 UTC.
This addition enables Binance users to trade SUI against the Brazilian Real (BRL) and TURBO against the Turkish Lira (TRY), reinforcing the exchange's efforts to support local fiat currencies and expand global accessibility.
Alongside these new trading pairs, Binance will also introduce Trading Bot services for both pairs. This will allow the use of Spot Algo Orders for SUI/BRL and TURBO/TRY, providing users with automated trading options for these pairs. The integration of trading bots aims to make trading on Binance more efficient and accessible, offering users enhanced control over their strategies and optimizing transaction management for these specific fiat-crypto pairs.
While Binance’s expanded trading options are intended to reach a wider audience, trading of the SUI/BRL and TURBO/TRY pairs is subject to regional requirements. Users must complete account verification to access trading for these pairs, ensuring compliance with Binance’s regulatory standards.
However, certain countries and regions are restricted. Users residing in Canada, Cuba, Crimea, Iran, the Netherlands, North Korea, Syria, the United States and its territories (including American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, and the U.S. Virgin Islands), as well as any non-government-controlled areas of Ukraine, will not have access to trade these pairs. Binance notes that this list is subject to periodic updates based on changes in laws, regulations, and eligibility requirements.
As part of its ongoing mission to ensure global accessibility and improve the trading experience, Binance supports BRL and TRY as fiat trading pairs with SUI and TURBO, expanding trading options for its users in Brazil and Turkey. This aligns with Binance's goal to support multiple currencies beyond digital assets, providing seamless trading for users worldwide.
Binance encourages all users interested in the new pairs to verify their accounts to ensure access to these new trading options.
With the addition of SUI/BRL and TURBO/TRY, Binance continues to enhance its platform’s versatility, meeting diverse trading needs while adhering to regulatory requirements.