Just-In: Binance Launches Zero Fee BONK Trading Options For Users

The world’s largest crypto exchange Binance on Friday said it is further expanding BONK trading on the platform by adding it to the Binance Covert. The moves after the crypto exchange announced BONK listing with three new pairs amid massive demand for the meme coin. The move is anticipated to raise positive sentiment for Solana-based Bonk further.

Binance Adds Bonk To Convert

According to an official announcement on December 15, Binance will add Bonk (BONK) to its Binance Convert service. With the latest move, Binance has expanded its offerings for users looking to capitalize on the huge BONK price rally.

Binance Convert is a simple tool that allows users to buy or sell crypto with ease. It supports a wide range of assets and over a thousand pairs, including fiat currencies. Users can convert any amount of token to another from as low as 1 USD.

“Users can now trade BONK against BTC, USDT and any other tokens supported by Convert at zero fees, as per the announcement.

Furthermore, Binance users may purchase BONK with any available payment options on Binance Auto-Invest feature. it will start from December 19 at 00:00 UTC.

In addition, Binance has launched new spot trading pairs for Bonk for its users amid massive demand. These are BONK/USDT, BONK/FDUSD and BONK/TRY. Users can withdraw their BONE meme coin starting December 16 at 08:00 UTC.

Also Read: Binance Delists Multiple XRP, ADA, SOL, MATIC & Other Top Liquidity Pools

BONK Price Loses Earlier Gains

BONK price jumped more than 100% in the past 24 hours, with the price currently trading at $0.0000263. The 24-hour low and high are $0.0000141 and $0.0000341, respectively. Furthermore, the trading volume has increased by nearly 400% in the last 24 hours, indicating a rise in interest among traders.

BONK pares earlier gains as traders, investors, and market makers sold their holdings and Bonk airdrop. Despite a 15% correction in a few hours, price is still above 72% in the last 24 hours.

Also Read: Top Holders Dumping BONK Meme Coin After Listing On Coinbase, Binance, & Crypto.com

The post Just-In: Binance Launches Zero Fee BONK Trading Options For Users appeared first on CoinGape.