Binance Launches 'Small Coin Liquidity Enhancement Program', with IOTX as One of the Initial Key Supported Coins

BlockBeats News, June 5th. According to official sources, Binance has recently officially launched the "Small Coin Liquidity Enhancement Plan." Through a negative fee incentive mechanism (with a maximum rebate of -0.01%), it aims to attract liquidity providers to actively participate, comprehensively enhancing the liquidity and trading activity of small coins on the platform. IOTX has been listed as one of the first key supported coins, attracting widespread attention.

This plan is expected to significantly reduce market-making costs, attracting more professional liquidity providers to participate deeply in the IOTX/USDT trading pair. This will not only enhance market depth but also effectively reduce spread and slippage risks. The improvement in liquidity will directly drive the growth of IOTX trading volume, stimulate market vitality, enhance price stability and discovery efficiency, further attracting individual and institutional investors.

At the same time, leveraging Binance's strong influence in the global trading market, IOTX is expected to gain higher visibility and inflows of funds, further expanding its strategic influence in the DeFi and AI tracks, helping the IoTeX ecosystem achieve long-term healthy development.