Binance Expands Trading Options with New Pairs and Bots Amid OM Crash

Binance, one of the world’s largest cryptocurrency exchanges, is expanding its trading lineup with the addition of three new spot trading pairs: BABY/EUR, ONDO/TRY, and PAXG/USDC. The announcement, made via Binance’s Chinese official X account, also confirmed that trading bot services will be enabled for the new pairs to enhance the trading experience. The new listings will go live at 4:00 p.m. ET on April 15, 2025.

This expansion underscores Binance’s commitment to offering users a wider variety of trading options and improving overall platform functionality. In addition to spot markets, Binance Futures recently launched perpetual contracts for PUMPUSDT, STOUSDT, and FHEUSDT with leverage of up to 20x.

Meanwhile, Binance responded to the dramatic collapse of MANTRA’s OM token, which plummeted over 90% in value, falling from $6 to just above $0.40 during low liquidity hours. At press time, OM was down 88.26% in the past 24 hours, trading at $0.742. The sudden drop triggered panic in the market and widespread speculation.

In a blog post, Binance attributed the crash to cross-exchange liquidations and noted that it had previously taken steps to mitigate risks. These measures included leverage reductions in October 2024 and a warning pop-up in January 2025 to alert users about major changes in OM’s tokenomics that increased supply. The exchange has since updated its risk warnings, advising users of OM’s high volatility.

As Binance continues to adapt its offerings and risk protocols, users are encouraged to remain cautious when trading high-risk assets, especially during volatile market conditions. The exchange’s efforts to expand options while maintaining safeguards reflect ongoing evolution in the crypto trading ecosystem.