{"id":7888,"date":"2025-01-15T19:31:45","date_gmt":"2025-01-15T19:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7888"},"modified":"2025-01-15T19:31:45","modified_gmt":"2025-01-15T19:31:45","slug":"important-binance-update-affecting-dogecoin-doge-traders-details-inside","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7888","title":{"rendered":"Important Binance Update Affecting Dogecoin (DOGE) Traders: Details Inside"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Binance expanded user options, adding DOGE and other assets as collateral on Fixed Rate Loans and VIP Loans.<\/span><\/li>\n<li>The involved cryptocurrencies saw minor gains, possibly boosted by the company\u2019s support and the broader resurgence of the crypto market.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Binance_CB-34.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-378841\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Binance_CB-34.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Binance_CB-34.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Binance_CB-34-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Binance_CB-34-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Binance_CB-34-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Binance_CB-34-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Further Support for These Cryptocurrencies<\/h2>\n<p><span data-preserver-spaces=\"true\">The world\u2019s largest crypto exchange recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/binance-adds-doge-and-ltc-as-new-collateral-assets-on-fixed-rate-loan-and-cgpt-as-loanable-asset-on-vip-loan-2025-01-15-2815ca4dc7f94ac9bb56db970fdeb14d\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">included<\/span><\/a><span data-preserver-spaces=\"true\"> Dogecoin (DOGE) and Litecoin (LTC) as collateral assets on Fixed Rate Loan. It also added ChainGPT (CGPT) as a loanable asset on the <\/span><span data-preserver-spaces=\"true\">VIP<\/span><span data-preserver-spaces=\"true\"> Loan.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Binance\u2019s Fixed Rate Loan program enables users to borrow or lend stablecoins at fixed interest rates, ensuring predictable costs and returns. Borrowers secure loans with collateral. Well-known cryptocurrencies that can serve that role include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Avalanche (AVAX), as well as the recently added DOGE and LTC.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cThe platform effectively matches the needs of suppliers and borrowers. Fixed Rate Loan is over-collateralized, supporting multi-asset collateral to reduce liquidation risk. It also features an efficient automated process with auto-repay and auto-renew options,\u201d the company explained.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">For its part,<\/span><span data-preserver-spaces=\"true\"> the company\u2019s VIP Loan service offers over-collateralized loans for institutional and large-scale clients, providing flexible terms, competitive rates, and access to multiple assets.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">DOGE, LTC, and CGPT have all charted gains in the last 24 hours. However, the support from Binance might not be the only factor contributing to their positive performance. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Another element is the overall resurgence of the cryptocurrency market, where Bitcoin (BTC) <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-shoots-up-above-98-5k-following-release-of-us-december-cpi-data\/\" data-wpel-link=\"internal\">exceeded<\/a> $98K, while <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/xrp-nears-ath-levels-just-17-away-amid-whale-accumulation-and-sec-resistance\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">Ripple (XRP)<\/span><\/a><span data-preserver-spaces=\"true\"> tapped a seven-year high of almost $2.90. Other top performers include Stellar (XLM), <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/why-is-the-cardano-ada-price-up-today-3\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">Cardano (ADA)<\/span><\/a><span data-preserver-spaces=\"true\">, and more.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Delisting Effort<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Besides adding new services to clients, Binance often removes cryptocurrencies or <\/span><span data-preserver-spaces=\"true\">certain<\/span><span data-preserver-spaces=\"true\"> trading pairs due to <\/span><span data-preserver-spaces=\"true\">factors like<\/span><span data-preserver-spaces=\"true\"> poor liquidity. Several hours ago, it <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/notice-of-removal-of-spot-trading-pairs-2025-01-17-85c046a0853b43c2b791ffc3343ed7f0\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">announced<\/span><\/a><span data-preserver-spaces=\"true\"> that the following spot trading pairs: BNX\/BTC, CATI\/BNB, CATI\/BRL, CHZ\/FDUSD, DOGS\/BNB, GTC\/BTC, HIGH\/BTC, LISTA\/BRL, NOT\/BRL, PIXEL\/BTC, TKO\/BTC, TWT\/BTC will no longer be available from January 17.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Spot trading services for the <\/span><span data-preserver-spaces=\"true\">aforementioned will<\/span><span data-preserver-spaces=\"true\"> also be terminated on that date. \u201cUsers <\/span><span data-preserver-spaces=\"true\">are strongly advised<\/span><span data-preserver-spaces=\"true\"> to update and\/or cancel their Spot Trading Bots <\/span><span data-preserver-spaces=\"true\">prior to<\/span><span data-preserver-spaces=\"true\"> the cessation of Spot Trading Bots services to avoid any potential losses,\u201d the exchange advised.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Earlier this year, Binance conducted a similar amendment, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/important-binance-announcement-affecting-numerous-altcoin-traders\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">disclosing<\/span><\/a><span data-preserver-spaces=\"true\"> that LIT\/BTC, NULS\/BTC, SFP\/BTC,<\/span><strong><span data-preserver-spaces=\"true\">\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">BEL\/BTC, and LSK\/BTC will become unavailable to clients from January 16<\/span><strong><span data-preserver-spaces=\"true\">.<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/important-binance-update-affecting-dogecoin-doge-traders-details-inside\/\" rel=\"nofollow\">Important Binance Update Affecting Dogecoin (DOGE) Traders: Details Inside<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Binance expanded user options, adding DOGE and other assets as collateral on Fixed Rate Loans and VIP Loans. The involved cryptocurrencies saw minor gains, possibly boosted by the company\u2019s support and the broader resurgence of the crypto market. Further Support for These Cryptocurrencies The world\u2019s largest crypto exchange recently included Dogecoin (DOGE) and Litecoin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7888","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7888"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7888\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}