Binance Expands Trading Options and Removes Certain Pairs from Platform

Binance, one of the leading cryptocurrency exchanges, has made changes to its platform that will affect traders of certain altcoins.

The exchange has added trading pairs for Bittensor (TAO), Cardano (ADA), Dogecoin (DOGE), and Pepe (PEPE) in its Cross Margin section. This allows all funds in a margin account to be shared across open trades, helping to keep positions open even if one trade incurs losses.

The added pairs are: TAO/USD1, ADA/U, DOGE/U, and PEPE/U. These assets have seen significant gains over the past 24 hours, with prices increasing by between 4% and 9%. However, it is likely that the overall market rebound has had a more significant impact on their prices.

The entire crypto space has experienced a resurgence in recent days, with Bitcoin surpassing $66,000 and Ethereum nearing the $2,000 psychological level. This has contributed to the price increases of many assets, including those added by Binance.