This Month at Binance: Innovation Never Stops

1 year ago

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September has been 1 of the busiest months astatine Binance this year.

Last period the world’s largest crypto speech by trading measurement kicked disconnected the inaugural Binance Blockchain Week Paris, a three-day lawsuit exploring the champion of Web3. They besides expanded their ever-growing suite of products, including introducing a much user-friendly mode to gain crypto passive income.

Concurrently, the squad has continued to propulsion merchandise innovation — which is thing that Binance views arsenic a important driving unit for manufacture growth. The team’s values person remained unchanged contempt the antagonistic marketplace sentiment. They strive to proceed gathering for Binance users and the larger integer plus space.

Here’s a speedy summary of the Binance ecosystem’s biggest updates this month:

  • Launched a caller marketplace for crypto acquisition cards.
  • Launched Simple Earn, a one-stop level for passive crypto income.
  • Added a caller Web3 contented provender for Binance Pro users.
  • Invested successful six antithetic Web3 projects done Binance Labs.
  • BUSD became disposable connected Polygon and Avalanche.
  • Made respective important updates to the Binance app, including caller trading tools and a contented find feed.
  • Announced Binance ID, a secure, frictionless login diagnostic powered by OAuth2 and designed for third-party platforms.

Discover the Binance Gift Card Marketplace

The Binance Gift Card Marketplace brings inferior and other amusive with exclusive activities and 3 caller types of crypto acquisition cards:

  • Fixed denomination
  • Cashback
  • Mystery

Fixed-denomination acquisition cards supply a much intuitive acquisition experience, allowing users to acquisition cards loaded with acceptable amounts of supported cryptocurrencies without needing to person beforehand manually.

Mystery and Cashback acquisition cards, connected the different hand, assistance users entree to limited-time activities for a accidental to instrumentality location their stock of crypto prizes. This September, Binance gave distant $33,000 successful MC and DEGO rewards. Stay tuned for much Binance Gift Card activities.

Introducing Simple Earn

Binance revamped immoderate of their astir fashionable Binance Earn products, combining Flexible Savings, Locked Savings, and Locked Staking into a one-stop level called Simple Earn.

As the rubric implies, Simple Earn streamlines the crypto subscription process and provides a straightforward acquisition for integer plus rewards. With 1 click, users tin subscribe their favourite assets to a flexible plan, which allows them to redeem anytime, oregon a locked plan, which grants higher rewards for fixed-time subscriptions.

Binance Labs: Supporting Web3 Infrastructure

This month, Binance Labs invested successful six projects, including blockchain information institution Bitgquery, Web3 infrastructure supplier Mysten Labs, blockchain information institution Salus Security, layer-1 blockchain Aptos, societal web task Hooked Protocol, and naming work web Space ID.

As Binance’s authoritative incubator and task superior arm, Binance Labs continues to identify, support, and empower promising Web3 projects that beforehand the maturation of the larger ecosystem.

BUSD Launches connected Avalanche and Polygon

The Avalanche and Polygon web present supports BUSD, providing users with a accelerated and harmless mode to transportation the regulated, 1:1 USD-backed stablecoin crossed platforms. BUSD is besides disposable connected Ethereum, BNB Smart Chain, and BNB Beacon Chain.

Binance besides announced that users tin present deposit immoderate of the stablecoins similar USDC, USDP, TUSD and person it automatically converted into BUSD connected Binance.com. The auto-conversion diagnostic makes it easier for radical to commercialized with 1 consolidated orderbook, an betterment connected the erstwhile offering wherever radical could lone commercialized USDC, USDP, TUSD, BUSD separately. This update besides means that radical tin retreat immoderate stablecoins utilizing their BUSD equilibrium astatine a 1:1 ratio.

New Updates to the Binance App

When Binance archetypal started successful 2017, the crypto trading acquisition was a basal interface with 1 illustration and small to nary tools. The company’s philosophy, by contrast, has ever been to supply users with each instrumentality they needed oregon mightiness want: elaborate charts, bid books, and overmuch more, each wrapped successful an intuitive interface.

More trading tools

This month, Binance made immoderate large updates to the Binance app trading interface, including tools similar the Daily Percentage Change, Token Info and Funding History, 1-second K-line charts, and a Favourites coin database disposable connected the homepage. With these added features, users tin present reappraisal terms changes — down to the 2nd — successful section clip zones portion tracking the show past of their preferred tokens.

Binance Options

Binance precocious launched its revamped Binance Options trading level connected the Binance app. Retail traders tin present hedge their portfolios oregon explicit their views of the marketplace via European-style enactment contracts connected a clean, intuitive idiosyncratic interface. For those unfamiliar with options trading, cheque retired the implicit guide prepared by Binance for much information.

Stay updated connected each things Web3

Users of the Pro mentation of the Binance app whitethorn person noticed a caller content find feed astatine the bottommost of the homepage. With this feed, users tin seamlessly research each the latest insights, events, and breaking quality of the Web3 abstraction from the convenience of their smartphones.

Binance ID: Register and Login With Binance

Similar to Google, Apple, and Facebook login, Binance ID allows users to registry and motion successful to third-party platforms utilizing their Binance account. Do enactment that Binance does not ain nor is affiliated with immoderate third-party level that supports Binance ID.

For much accusation travel Binance on Twitter or Facebook for the latest quality and updates.


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