Binance Expands Turkish Lira Market with Four New Spot Trading Pairs and Algorithmic Tools

14.11.2025 11:41

Binance, the world's leading cryptocurrency exchange, has announced the addition of four new spot trading pairs against the Turkish Lira (TRY), scheduled to go live on November 26, 2025, at 20:00 UTC+8. The new pairs are ACM/TRY, DODO/TRY, HEI/TRY, and XTZ/TRY, enhancing access for traders in Turkey and globally.

In conjunction with the listings, Binance will enable spot algorithmic order services, including Time-Weighted Average Price (TWAP) and Percentage of Volume (POV) strategies. These tools are designed to help traders minimize market impact and optimize execution for large orders, catering particularly to institutional and advanced users.

The move underscores Binance's strategic focus on high-adoption markets like Turkey, where cryptocurrency usage has surged due to inflation and economic volatility. The exchange aims to reduce conversion costs and improve liquidity by offering direct fiat-to-crypto pairs. Regulatory considerations were noted, with warnings for users in restricted regions like China and India to comply with local laws.

Token specifics include ACM (a smart contract token for sectors like healthcare and gaming), DODO (native to the DODO decentralized exchange), XTZ (powering the Tezos blockchain with staking rewards), and HEI (a lesser-known project awaiting further details). The announcement, initially reported by Wu Says Blockchain, highlights Binance's ongoing efforts to bolster its multi-fiat strategy and ecosystem growth.