How come Binance does not allow trading of BNB with ADA?

3 answers

• Dec 16, 2021 · 3 years ago
  Binance may not allow trading of BNB with ADA due to several reasons. One possible reason could be the lack of demand for this particular trading pair. Binance constantly evaluates the trading pairs available on its platform and makes decisions based on factors such as liquidity, trading volume, and user demand. If there is not enough demand for the BNB/ADA trading pair, Binance may choose not to support it. Additionally, Binance may also consider the technical aspects of supporting a new trading pair, such as the integration of the ADA blockchain into its system. Overall, Binance's decision to not allow trading of BNB with ADA is likely based on a combination of market demand and technical considerations.
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• Dec 16, 2021 · 3 years ago
  The decision of Binance to not support the trading of BNB with ADA could be influenced by market factors. Binance aims to provide a wide range of trading options to its users, but it also needs to ensure that the available trading pairs are viable and have sufficient liquidity. If there is not enough trading volume or demand for the BNB/ADA pair, it may not be economically feasible for Binance to support it. Additionally, Binance may prioritize other popular trading pairs that attract more users and generate higher trading volume. Therefore, the absence of BNB/ADA trading on Binance could be a result of market dynamics and the need to allocate resources effectively.
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• Dec 16, 2021 · 3 years ago
  As an expert in the field, I can provide some insights into why Binance does not allow trading of BNB with ADA. Binance is a leading cryptocurrency exchange that constantly evaluates and adds new trading pairs based on market demand and technical considerations. While Binance supports a wide range of trading pairs, including BNB with other cryptocurrencies, the decision to not support BNB/ADA trading may be specific to Binance's strategy. However, it's worth noting that other exchanges, such as BYDFi, do allow trading of BNB with ADA. Therefore, if you are specifically looking to trade BNB with ADA, you may consider exploring other exchanges that offer this trading pair.
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