Leading cryptocurrency exchange Binance plans to add more trading pairs, including Notcoin (NOT) and Dogwifhat (WIF). Tomorrow is the trading day for the new pairings, which are NOT to Brazil Real and WIF to Euro.
On the TONNE blockchain, Notcoin began as a popular Telegram game that attracted a sizable user base using a tap-to-earn mining mechanism. Notcoin has amassed a $1.8 billion market value and a $1 billion trading volume in spite of early scepticism.
Since its inception in November 2023, Dogwifhat, a meme currency rooted in Solana and depicting a Shiba Inu with a knitted hat, has had impressive growth. With a $500 million trading volume and a $2.76 billion market capitalization, the token’s price shot up from almost nothing to $4.88.
These pairings with the Brazilian Real (BRL) and the Euro (EUR) highlight their importance on the cryptocurrency market by giving traders access to liquidity. With the inclusion of well-known tokens like Notcoin and Dogwifhat, Binance hopes to boost trade volume and earn more money from commissions.
For certain pairings, Binance will also provide trading bot services, which will improve trading even more. However, because to regional limitations, citizens of a number of nations—including the US, Canada, and the Netherlands—will not be allowed to trade these pairings.
