AEUR Archives - Coin Engineer https://coinengineer.net/blog/tag/aeur/ Btc, Coins, Pre-Sale, DeFi, NFT Thu, 07 Dec 2023 08:20:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png AEUR Archives - Coin Engineer https://coinengineer.net/blog/tag/aeur/ 32 32 Binance Delisted This Stablecoin! https://coinengineer.net/blog/binance-delisted-this-stablecoin/ https://coinengineer.net/blog/binance-delisted-this-stablecoin/#respond Thu, 07 Dec 2023 08:22:43 +0000 https://coinengineer.io/blog/?p=7805 Binance delisted Anchored Coins’ Euro stablecoin (AEUR) due to its value surging over 200% on the listing day, causing some users to incur losses by purchasing at a high price. Binance decided to compensate users who bought AEUR at a high value and couldn’t sell after trading was halted. Affected users will receive refunds at

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]]> Binance delisted Anchored Coins’ Euro stablecoin (AEUR) due to its value surging over 200% on the listing day, causing some users to incur losses by purchasing at a high price. Binance decided to compensate users who bought AEUR at a high value and couldn’t sell after trading was halted. Affected users will receive refunds at the fixed rate of 1 AEUR = 1.08 USDT.

The listing of AEUR garnered significant attention in the crypto community. However, some users were unaware that AEUR is a stablecoin, leading to losses from buying at a high price. Short-term demand surged, causing price discrepancies.

The significant price volatility affected the prices of AEUR trading pairs, including Bitcoin and Ether, covered under the compensation plan. AEUR transactions are currently suspended on Binance. This incident occurred following Binance’s suspension of AEUR.

Anchored Coins, based in Zug, Switzerland, issues AEUR. The fintech company is approved by the Swiss Financial Market Supervisory Authority (FINMA) and claims that each AEUR is backed 1:1 by reserves in FINMA-licensed banks. The stablecoin is currently minted on the Ether and BNB Chain.

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]]> https://coinengineer.net/blog/binance-delisted-this-stablecoin/feed/ 0 Binance Lists a New Stablecoin! https://coinengineer.net/blog/bitcoin-exchange-binance-lists-this-stablecoin/ https://coinengineer.net/blog/bitcoin-exchange-binance-lists-this-stablecoin/#respond Mon, 04 Dec 2023 14:46:28 +0000 https://coinengineer.io/blog/?p=7682 One of the world’s largest exchanges, Binance, announced that it will list a new stablecoin. In an announcement on its official website on December 4th, Binance said the new stablecoin, Anchored Coins EUR (AEUR), will be listed at 13:00 on December 4th (local time). Binance stated that AEUR deposit transactions have begun and withdrawal transactions

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]]> One of the world’s largest exchanges, Binance, announced that it will list a new stablecoin.

In an announcement on its official website on December 4th, Binance said the new stablecoin, Anchored Coins EUR (AEUR), will be listed at 13:00 on December 4th (local time).

Binance stated that AEUR deposit transactions have begun and withdrawal transactions will start a full day after the listing time. Along with this listing, It will offer investors the opportunity of trading with four different pairs; AEUR/USDT, BTC/AEUR, ETH/AEUR, and EUR/AEUR.

Binance also announced that until the next announcement, zero-maker-fee campaign will continue in all AEUR spot trading pairs

AEUR, represents a significant step in the realm of stablecoins and payment tokens within the European landscape. Functioning on both the Ethereum network and Binance Smart Chain (BSC), AEUR distinguishes itself by its steadfast backing—a 1:1 peg to the Euro currency. This unique feature not only ensures stability but also instills confidence among users.

By integrating AEUR into their platform, Binance aims to diversify and enhance the cryptocurrency trading experience for its users. The inclusion of AEUR provides an additional layer of choice and flexibility within the volatile crypto market. As a Europe-based stablecoin, AEUR presents a promising opportunity for users seeking stability and versatility in their crypto transactions.

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