Binance adds new trading pairs for Litecoin [LTC] and Tron [TRX], Okex launches new fiat pairs

The world’s largest cryptocurrency exchange, Binance, has added new trading pairs for both Litecoin and Tron. The news was announced on Binance’s official blog page. The new trading pairs are stable coin based.

The new trading pairs are,

Litecoin

1. LTC/TUSD (Litecoin/True USD)
2. LTC/PAX (Litecoin/Paxos Standard)
3. LTC/USDC (Litecoin/USD Center)

Tron

1. TRX/PAX (Tron/Paxos standard)
2. TRX/USDC (Tron/USD Center)

The new trading pairs will be live on Binance on 24th January 2019, 10:00 AM (UTC). More stable coin pairings are an ongoing effort by the top exchanges in the world to remove the dependency on USDT (Tether) which is controlled by Bitfinex and has a lot of concerns regarding its stability.

OkEx adds new fiat pairs

World’s second largest exchange, OkEx, adds new fiat pairs for it OTC trading desk. The two new pairs are British Pound (GBP) and Thai Bhat (THB). OkEx currently supports USD, VND (Vietnamese Dong), Chinese Renminbi (CNY) fiat to cryptocurrency markets.

The new – fiat cryptocurrency pairs support BTC, USDT, ETH, and LTC from the cryptocurrency side.

“Our mission is simple at OKEx. We aim to offer flexibility and convenience to our traders. Thailand and the UK own the fastest growing crypto communities in the world. We see great potential in these two markets and want to support the needs there. Because of the increasing trading volume and number of traders in these two countries, we decided to launch the new THB and GBP trading services on our OTC trading platform. Wherever the market potential locates, we will expand to there. In 2019, you can expect more currencies will be supported on OKEx,” said Andy Cheung, OKEx’s Head of Operations, in a press release.

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