The world’s largest cryptocurrency exchange by means of traded volumes, Binance, went through a scheduled maintenance today March 12th. The process saw all deposits, withdrawals, and overall trading activity suspended for a brief period of about 8 hours.
However, as soon as the trading was resumed, the exchange announced the addition of TUSD quote pairs into its USD trading market tab.
Launching TUSD Trading
Per the official release, Binance is going to open trading for the following pairs:
This is going to take place on March 13th at 4 AM UTC in the USD trading market tab. The release also warns that the existing TUSD/BNB, TUSD/BTC, and TUSD/ETH trading paris are going to be delisted and removed on March 14th at 4 AM UTC .All of the existing orders in every single order book will also be canceled at that time.
Supposedly, that’s the “big” upgrade that Changpeng Zhao, Binance’s CEO, had in mind when posting this tweet prior to the 8-hour maintenance.
Binance Coin Moves Up…Again
Despite the maintenance, which is usually a precursor for traders to worry about the condition of their funds, Binance Coin (BNB) has moved up again.
At the time of this writing, the cryptocurrency is trading at $15.16, which is an increase of about 5 percent in the last 24 hours according to data from CoinMarketCap.
The move continues BNB’s monthly price rally, as the digital currency has already gained over 80 percent of its value, nearly doubling up in the last 30 days.
What do you think of BNB’s price movement and the recent upgrade of Binance? Share your thoughts down below!