Binance Adds Notcoin to Spot Copy Trading
Crypto exchange Binance adds Notcoin (NOT) to the listing of 50 cryptos for spot copy trading in an official announcement on June 5.
On Wednesday, Binance, the world’s largest cryptocurrency exchange, disclosed the inclusion of fifty additional cryptocurrencies for spot copy trading. Binance is set to incorporate a variety of popular cryptocurrencies, such as Axie Infinity (AXS), Notcoin (NOT), Immutable (IMX), 1inch Network (1INCH), Astar (ASTR), and others.
Through spot copy trading, users can effectively replicate the real-time spot trading strategies of experienced and skilled traders while reviewing performance metrics such as ROI, PnL, and others from each trader’s portfolio.
Additionally, it provides lead traders the opportunity to receive other benefits, as well as a 10% profit share from their copy traders and 10% commissions from their copy traders’ trading fees.
In an official announcement on June 5, the cryptocurrency exchange Binance announced that it is broadening the selection of available cryptocurrencies for spot copy trading to improve the user experience.
On June 7, 2024, at 08:00 UTC, users will be able to commence trading trending cryptocurrencies, including Axie Infinity (AXS), Notcoin (NOT), Immutable (IMX), 1inch Network (1INCH), Astar (ASTR), and others.
Binance is currently listing the following crypto pairs: 1INCH/USDT, BEAMX/USDT, IMX/USDT, ONT/USDT, SUSHI/USDT, ACH/USDT, BNX/USDT, IOST/USDT, PHB/USDT, TNSR/USDT, ADX/USDT, CELO/USDT, IOTA/USDT, POLYX/USDT, TRB/USDT, API3/USDT, ELF/USDT, LPT/USDT, RDNT/USDT, TRU/USDT, ASTR/USDT, ENJ/USDT, MI NA/USDT.
Additionally, REZ/USDT, UMA/USDT, AUCTION/USDT, FRONT/USDT, NOT/USDT, RSR/USDT, WOO/USDT, AXS/USDT, HIFI/USDT, OCEAN/USDT, SANTOS/USDT, XAI/USDT, BAKE/USDT, HIGH/USDT, OGN/USDT, SNX/USDT, XTZ/USDT, BB/USDT, ID/USDT, OMNI/USDT, STG/USDT, and ZIL/USDT.
After a successful Futures Copy Trading roll-out last year, the crypto exchange officially launched Spot Copy Trading in mid-May in response to the significant demand from customers.
The price of NOT has decreased by 8% in the past 24 hours due to traders’ profit-taking, and it is currently trading at $0.02264. The 24-hour low and high are $0.02146 and $0.02644, respectively. Additionally, the trading volume has increased by 24% in the past 24 hours, suggesting that traders are interested.
Notcoin, a new game based on Telegram, has rapidly captured the attention of market participants. Users can earn NOT tokens by tapping a virtual coin and completing tasks.
The coin recently surpassed the trading volume of the USDC stablecoin. Analysts think that Notcoin has the potential to experience additional upward momentum before its demand diminishes.
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