Binance, the world’s leading cryptocurrency exchange, has announced exciting developments that will shape the crypto world with a series of recent announcements. Here is a breakdown of key announcements:
Binance.US lists FORT
Binance’s US subsidiary, Binance.US, has announced that it will list a new altcoin, Forta (FORT). This cryptocurrency exchange announced its decision to list FORT on August 29 with deposits already open on the platform. Operating as a security audit protocol, Forta aims to empower users to detect on-chain threats, abuses and money laundering activities. The integration of custom bots that monitor blockchain data enables real-time monitoring of potential threats. Trading for FORT will start on August 30 at 16:00 CEST, specifically for the FORT/USDT trading pair.
Exchange expands option offerings
Binance Options is gearing up to launch additional BNBUSDT Daily Options on August 30. Attached to the European-style framework, these options contracts will offer investors more avenues for exploration. BNBUSDT Daily Options will also be introduced on the same day and will be listed at 11:00 CEST every day thereafter. More importantly, there will be no new listings if they coincide with the expiration of BNBUSDT Weekly, Monthly or Quarterly option contracts. These new options bring flexibility and options to the trading community.
New Dual Investment products introduced
Binance has introduced a new Binary Investing product line that offers users the opportunity to participate in both Low Buy and High Sell strategies. The subscription format operates on a first come, first served basis. The Binary Investing feature provides a platform for users to target specific prices and payment dates for various cryptocurrencies. Users who want to accumulate rewards on their assets or make strategic purchases or sales can take advantage of this offer. Target currencies, payment dates and investment terms are clearly stated, providing a streamlined way for users to make informed decisions. ETH, BUSD, BTC or BUSD are deposited in these products. In return, ETH, BNB BTC, ETH, SOL, MATIC, ADA, BNB, DOT, BCH, AVAX, FTM, ALGO, NEAR, ATOM, XRP, DOGE or LTC are received.
Binance is testing for CYBER
Binance’s Simple Earn platform is launching the CYBER Quiz Promotion targeting new users. Participants who read the “CyberConnect (CYBER) – A Decentralized Social Networking Protocol” report on Binance Research and answer all five exam questions correctly will have the chance to receive a free 150-day CYBER Locked Products position. This promotion will run from August 29 to September 12 and aims to engage users with educational content while rewarding their participation.
