Binance Expands Trading Options for Stellar (XLM), Ripple (XRP), IOTA and EOS

Binance is expanding the number of trading pairs on its platform at a rapid rate.

Last week, the leading cryptocurrency exchange paired EOS with Tether (USDT) and Binance Coin (BNB).

Today, it announced the addition of a Ripple to Binance Coin (BNB) pair, and also pegged Stellar (XLM) to Tether, IOTA to Tether, and TrueUSD to Tether.

Here’s a look at all of the new pairs Binance has added in recent weeks:

• XRP/BNB
• TUSD/USDT
• XLM/USDT
• IOTA/USDT
• EOS/USDT
• EOS/BNB
• XRP/USDT
• ADA/USDT
• ADA/BNB
• QLC/BNB
• QTUM/BNB
• QTUM/USDT

The pairing of TUSD/USDT is an eye-popper, pairing the leading stable coin with an up-and-coming stable coin. Stable coins are designed to be pegged to the dollar to offer traders a reliable way to opt out of market volatility.

Tether remains a controversial coin in the cryptocurrency space, and has produced millions of tokens without definitive proof that they are backed by the US dollar.

The trading fees on Binance remain at 0.1% of the total amount of the transaction. If you use Binance Coin (BNB) for transaction fees, that number is reduced to 0.05%.

Update: This article has been changed to reflect trading fees with Binance Coin (BNB) at 0.05%

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.