“Binance Set A Record $ 2.63 Trillion in Futures Trading Volume in August. BNB Can Be Used for Trading FEE DisCOUNTS ON THE EXCHANGE.”, – WRITE: www.coindesk.com
The Initial Drop Took Bnb from AROUND $ 880.50 to A LOW OF $ 871.99. From there, The Token Staged A Comeback, Peaking Near $ 884.60 Before Selling Pressure Broughht It Back Down to It Current Level at $ 873.6.
That rebound camera on a wave of trading activity, with volume spiking to nearly 60,000 tokens, particularly around $ 876, A level that acted as Key Dury Technical Analysis Model.
However, Things Quickly Turned Armund for the Token, WHICH Fell More Than $ 5 in Just Minutes on a Volume Spike that Coincides with a Broader Market Sell-Off. That drop camera post reports that israel launched an attacck against hamas’ leadership in qatar.
WHILE The BROADER CRYPTO Market Fell, The Price of Gold Saw A Bump that Saw Futures Near A New Record at $ Back.
Meanwhile, Coindesk Data’s Latest Exchange Review Report Reported that Binance Saw $ 2.63 Trillion in Futures Trading Volume Last Month, A New MONTHLY RECORD. Along with Bybit and Crypto.com, It Was One of the Largest Exchanges by Spot Trading Volume.
BNB Can Be Used to Pay for Trading Fees On Binance, ALLOWING USERS TO GET A 25% Trading Discount On Fees Being Paid. It’s Also The Native Token of the Bnb Chain.
Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Enseure Accucy and Adherence to Our Standards. For more information, See Coindesk’s Full Ai Policy.
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