Binance is making a strategic push into one of the world’s most promising cryptocurrency markets, announcing the addition of 31 new trading pairs specifically for Indonesian users. This expansion, rolled out in three waves beginning November 27, enables direct trading between major cryptocurrencies and the Indonesian Rupiah (IDR), eliminating conversion hurdles for local traders. The move comes as Indonesia solidifies its position as the seventh-largest crypto market globally, while Binance simultaneously removes several underperforming trading pairs in its ongoing platform optimization.
about Binance Expands Indonesian Crypto Trading with 31 New PairsGMT
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Resumption of Solana-based Digital Asset Deposits and Withdrawals Announced
Upbit has completed maintenance on its Solana-based wallet system, allowing the resumption of deposits and withdrawals for digital assets including SOL, RENDER, and GMT. During the maintenance, staking applications for Solana (SOL) were temporarily suspended, but unstaking remained operational. Users may experience delays in deposit processing due to network congestion.
about Resumption of Solana-based Digital Asset Deposits and Withdrawals AnnouncedBinance Labs Transfers Final 30 Million GMT to Binance Exchange
Binance Labs has transferred its final 30 million GMT, valued at approximately $7.29 million, to Binance. This follows a strategic investment where Binance Labs acquired a total of 75 million GMT through token unlocks, all deposited at an average price of $0.214. Currently, GMT is trading at $0.24, reflecting a 2.8% decline in the last 24 hours.
about Binance Labs Transfers Final 30 Million GMT to Binance ExchangeGMT DAO Launches Community Driven Burn Initiative Targeting 600 Million GMT
GMT DAO has launched the GMT Burn Initiative, allowing holders to vote on burning up to 600 million GMT, valued at $100 million. This community-driven effort emphasizes transparency and governance, with participants receiving a unique NFT for their involvement. Voting is open at burngmt.com, marking a significant step in empowering GMT holders to shape the token’s future.
about GMT DAO Launches Community Driven Burn Initiative Targeting 600 Million GMTAdidas and STEPN Collaborate on Limited Edition NFTs for Fitness App
Adidas and STEPN have joined forces to launch co-branded NFTs on the Solana blockchain, aiming to blend physical and digital experiences. The collaboration will offer limited edition sneaker NFTs and digital assets promoting an active lifestyle, with a significant airdrop for the community.
about Adidas and STEPN Collaborate on Limited Edition NFTs for Fitness AppSTEPN Airdrops $30 Million Worth of FSL Points to Users
Move-to-earn app STEPN, running on Solana blockchain, is giving away 100 million FSL points, valued at $30 million, to its users as a token of appreciation. The points can be exchanged for GMT tokens and used for upcoming NFT mints and exclusive prizes. Users can claim the points by signing up for an FSL ID and can spend them in the ecosystem’s NFT marketplace and strategy game. Additionally, the app allows users to earn rewards for physical activities and has over 5 million users.
about STEPN Airdrops $30 Million Worth of FSL Points to UsersBinance Labs and Former Coinbase Engineer’s Token Transactions Impact Market
Binance Labs reportedly moved 9.33 million GMT tokens worth $3.14 million to a Binance deposit address, sparking speculation about its intentions. Meanwhile, a former Coinbase engineer is linked to moving 1.6 million UNI tokens to Coinbase Prime, leading to a decline in UNI’s price. These individual actions are part of a larger market dynamic, influenced by broader trends such as Bitcoin’s price movements and market capitalization fluctuations.
about Binance Labs and Former Coinbase Engineer's Token Transactions Impact MarketBinance Expands Margin Program and Updates Trading Pairs on Exchange
Binance expands margin program with new trading pairs, including Turkish lira options, while removing certain pairs due to low performance. The exchange’s updates aim to maintain trading quality and volume, reflecting the growing interest in digital assets, particularly in regions affected by economic instability.
about Binance Expands Margin Program and Updates Trading Pairs on ExchangeBinance Expands Margin Program and Updates Trading Pairs on Exchange
Binance expands margin program with new trading pairs, including Turkish lira options, while removing certain pairs due to low performance. The exchange’s updates aim to maintain trading quality and volume, reflecting the growing interest in digital assets, particularly in regions affected by economic instability.
about Binance Expands Margin Program and Updates Trading Pairs on Exchange