On Tuesday, the biggest cryptocurrency exchange in the world, Binance, announced that it had added support for three popular altcoins for spot trading. For ConstitutionDAO (PEOPLE), Highstreet (HIGH), and Tensor (TNSR), Binance will permit new trading pairs and trading bot services this week, delivering more rallies after these rallied greatly last month.
To improve customers’ trading experiences, Binance regularly evaluates the cryptocurrencies listed and adds new, highly demanded pairs.
3 Altcoins Selected by Binance To Purchase
Crypto Exchange In an official statement released on June 4, Binance said that it has improved user experience by offering more spot trading options for ConstitutionDAO (PEOPLE), Highstreet (HIGH), and Tensor (TNSR).
On June 5, at 8:00 UTC, Binance users can begin trading for the HIGH/TRY, PEOPLE/FDUSD, and TNSR/USDC pairings. With no maker fees on the PEOPLE/FDUSD pair and reduced taker fees on the TNSR/USDC pair, users may benefit from increased trading volume-related price movement.
Furthermore, on June 5, Binance will make trading bots services and spot algo orders available for the trading above pairs. The trading pairs mentioned above are still not available in the following countries: the United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), Canada, Cuba, the Crimea Region, Iran, Netherlands, North Korea, Syria, and any non-government controlled areas of Ukraine.
In the interim, the cryptocurrency exchange is delisting and withdrawing support for Wrapped NXM (WNXM), Waves (WAVES), OMG Network (OMG), and NEM (XEM). These cryptocurrency prices dropped more than 25% in a single day.
Rallying PEOPLE, HIGH, and TNSR
In just one month, the price of Massively PEOPLE increased by nearly 300%, reaching a high of $0.13 locally. Due to traders’ profit booking, the price fell 4% to $0.10 the previous day. Even though the trade volume decreased by 47% on the last day, it is still among the highest in the current cryptocurrency market.
Prices for HIGH and TNSR have increased by more than 50% in the past month, but there has been a selloff in the past day. While TNSR’s price dropped 2% to $1.30, HIGH’s price fell 23% to $5.98.
