Binance has announced expanded trading features for three cryptocurrencies: Arbitrum (ARB), Livepeer (LPT), and Ravencoin (RVN). Starting July 1, 2025, new USDC trading pairs will be launched—LPT/USDC and RVN/USDC—adding more spot trading options for users. Alongside the new pairs, Binance will introduce trading bot services, including Spot Algo Orders for LPT and RVN and Spot Grid and Spot Dollar-Cost Averaging (DCA) bots for ARB, enabling algorithmic trading strategies.
Following the announcement, Arbitrum’s price surged significantly, increasing 18% initially and reaching a total 37% gain over recent sessions. In contrast, Livepeer and Ravencoin experienced selling pressure despite the added trading options, with LPT dropping 6.8% to $6.30 and RVN showing a minor decline of 0.4% to $0.01415.
The listing and added features on Binance capitalize on the well-known "Binance Effect," where new listings and services often lead to heightened visibility and liquidity, drawing retail and institutional investors. Historically, tokens listed by Binance have frequently recorded strong daily and monthly price rallies, due to increased market participation and speculation. However, such gains may be temporary as initial enthusiasm gives way to profit-taking.
Binance will also apply discounted taker fees indefinitely on all USDC-based spot and margin trading pairs, which should enhance liquidity and encourage further trading with USDC. Overall, Binance’s addition of trading pairs and algorithmic bot support underscores its strategy to improve user trading diversity and ecosystem engagement.