Binance to Offer USDC Trading Pair with Turkish Lira

IconCryptoNewsTerminal Staff24 May, 2024

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Binance to Offer USDC Trading Pair with Turkish Lira

Introducing the addition of the USDC/TRY trading pair on Binance, a leading cryptocurrency exchange. Effective 5 PM (Korean time) on May 29, users can trade USDC, a stablecoin pegged to the US dollar, against the Turkish lira (TRY). This new trading pair strengthens Binance's position as a global cryptocurrency hub and provides Turkish users with greater access to digital asset markets. With the integration of USDC, users can seamlessly convert Turkish lira into a stablecoin, hedging against potential market fluctuations. To ensure a smooth trading experience, Binance has announced zero trading fees for the USDC/TRY pair for a limited time. Traders can take advantage of this opportunity to explore the new trading pair and enhance their cryptocurrency portfolios. By expanding its service offerings to include the Turkish lira, Binance demonstrates its commitment to supporting global cryptocurrency adoption and empowering users with diverse trading options.