Home CryptoBitcoin Crypto: Binance is a Community Transparent Platform

#Crypto #Binance #Community #Transparent #Platform #DeFi #blockchain #NFTs

Binance, 1 of the largest cryptocurrencies and blockchain technology providers is committed to facilitating the adoption of crypto by users of every level, by creating an ecosystem that is inclusive of the entire blockchain community” –Paul Ebeling

The crypto space is constantly changing, and Binance never stops evolving to adapt to this change. The periodically updated offerings and fee structures are in resonance with the accurate analysis and valuable feedback gained from users. 

Recently, the platform upgraded the USDⓈ-Margined Futures Liquidity Provider Program, increasing maker rebates to up to 0.003% and improving access to Binance Futures’ low-latency API service.

To cope with the surge in demand for NFTs, gaming tokens, Web 3.0 coins, and other cryptocurrencies that has mirrored the rising public interest in the metaverse and Web 3.0, the platform has brought in more than 1400 spot pairs, 200 futures pairs, and continuously adds new tokens to satisfy the users’ rising demand and diversify their trading strategies.

Furthermore, every trade executed by Binance Convert users is free of charge. Zero-fee trading campaigns are conducted to make trading more accessible to a larger user base, with all USD stablecoin trading pairs included in the current Zero Trading Fee Promotion, allowing traders to trade without incurring any additional fees.

Competitive crypto prices offered improves the accessibility of the assets offered. Users can pay in BNB, the native token of the Binance ecosystem instead of traded tokens to avail of trading fee discounts on Binance DEX.

Users often find it tedious to convert their crypto into cash as they fear slippage of the value of their assets due to low market liquidity or high volatility. 80% of the platform’s spot pairs offer better liquidity than the rest of the market. Daily liquidity monitoring and weekly filtering out of poor liquidity pairs conducted by Binance Futures ensure deep liquidity in both bear and Bull markets to provide robust liquidity for users.

The Spot Liquidity Provider and Liquid Swap feature not only boosts liquidity on Binance by rewarding eligible market markers with trading fee reductions but also offers instant liquidity with low fees for DeFi users. Thus with improved liquidity, based on historical live trading data, a lower slippage as compared to other exchanges is offered. 

With a comprehensive variety of crypto offerings, competitive trading fee structure, and deep liquidity enhanced by a variety of programs, Binance is paving the way for a crypto-inclusive world thus supporting the growth of the crypto industry and community alike.

For more information on Binance, please check out their official website.

Have a happy, prosperous weekend, Keep the Faith!

You may also like


Your Trusted Source for Capital Markets & Related News

© 2023 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.