Binance, the largest cryptocurrency exchange in terms of trading volume, came to the fore with new announcements. Cryptocurrencies such as Polygon (MATIC), Prosper (PROS) were included in the announcements of the exchange. Here are the details…
New “Dual Investment” products entered the market: there is also MATIC
Binance is launching a new “Dual Investment” product line with updated target prices and payment dates, where users can use “sell high” and “buy low” products. Subscription start for this product is today, at 13 pm. In addition, Binance also announced that Dual Investment users will be able to receive token coupons of up to 8 BUSD. cryptocoin.com As we have also reported, Dual Investment provides access to selected products on the date you choose in the future at no cost. Details on the “sell high” product are in the table below:
The “buy low” section includes the following cryptocurrencies:
PROS added to margin services
On the other hand, the exchange added PROS as a new loanable asset to its isolated margin. As it is known, Prosper is a cross-chain prediction market and hedging platform focused on cross-chain liquidity aggregation technology. Prosper uses Chainlink oracle to provide the most accurate price feeds. The exchange has opened trading for the following margin pairs:
- New cross-margin pairs: FORTH/BUSD, FORTH/USDT, KP3R/BUSD, KP3R/USDT, STRAX/BUSD, STRAX/USDT, TROY/BUSD, TROY/USDT
- New isolated margin pairs: PROS/BUSD, TROY/BUSD
Daily ETHUSDT options
According to the latest announcement, Binance’s options service will launch ETHUSDT daily options tomorrow, October 13, 2022. ETHUSDT daily options are European style options contracts. Every day after Binance launches ETHUSDT daily options on October 13, the options will be listed at 11 CEST. ETHUSDT Daily Options will have a two-day trading life and will expire at 11 pm each day. Up to two days of option contracts will be listed at any given time. In addition to the announcement, users can now customize their options trading view by selecting the relevant fields in the market listing tab.
If another ETHUSDT weekly, monthly or quarterly options contract expires that day, there will be no new ETHUSDT daily options list. In the meantime, it is useful to look at the price situation of ETH. The largest altcoin, Ethereum (ETH), is just above $1,300, up 1.7 percent at the time of writing. The coin has dropped 3 percent in the last 7 days. It has worried investors with its decline below $ 1,300 in the past days.
