On March 12, 2025, Binance, the leading cryptocurrency exchange, announced an exciting expansion of its trading platform. Starting March 13 at 08:00 UTC, Binance will offer new USDC-based trading pairs for a variety of tokens including CVC/USDC, EURI/USDC, SYN/USDC, USDC/RON, and VELODROME/USDC. This launch is set to provide users with enhanced trading functionalities while diversifying their trading options on the platform.
The inclusion of the Romanian leu, or RON, in these trading pairs marks a significant step towards facilitating transactions in the local fiat currency alongside Circle’s USDC. This move is expected to strengthen Binance’s position in the European market, catering to a growing customer base seeking to trade supported currencies locally.
As an added advantage, Binance plans to implement Trading Bots services for these pairs as soon as trading begins, enabling traders to automate their strategies effectively. It’s important to note, however, that some users in specific regions may face limitations in accessing these new trading pairs due to local regulations which are subject to change.
Regions that will not have access to these new pairs include Canada, Cuba, Crimea Region, Iran, the Netherlands, North Korea, Syria, and the United States, among others. All users must undergo account verification to obtain access, thereby ensuring compliance with regional restrictions.
Following this announcement, there was noticeable positive momentum for the listed tokens. For instance, CVC experienced a surge of over 5%, trading at approximately $0.095. Similarly, Synapse’s SYN token also saw an increase of over 5%, climbing to $0.183, marking a rebound after facing a steep decline over the previous weeks. Meanwhile, Velodrome Finance’s VELO showed a slight gain of 2.2%, trading at around $0.048. While the EURI token witnessed only a marginal increase of 0.3% to $1.09, it has demonstrated a consistent growth pattern over the past week.
Recent analyses by crypto experts have shed light on broader trends within the Binance ecosystem. An analyst pointed out that the declining Bitcoin (BTC) whale ratio indicates easing selling pressure from affluent holders, which could suggest a potential market rebound in the near future.
This launch not only underscores Binance’s commitment to expanding its offerings but also reflects the dynamic nature of the cryptocurrency market as it adapts to user demands and local market conditions. Traders are encouraged to remain vigilant and explore the new trading opportunities available through Binance.
