Leading cryptocurrency exchange Binance has shared new announcements for various altcoins, including ApeCoin (APE). Here are the details…
Binance and Trust Wallet become partners
Two leading cryptocurrency platforms, Binance Pay and Trust Wallet, have joined forces to launch an exciting joint giveaway. The collaboration aims to reward new Trust Wallet users who transfer funds from their Funding Wallet to Trust Wallet for the first time using the “exchange deposit” feature. These users will have the opportunity to share a pool of 50,000 ARBs in token voucher rewards.
To participate in this exciting promotion, users must create a Trust Wallet account during the specified Promotion Period. Once the account is created, users must confirm their participation and complete a transfer, including network or gas fees, of at least $10 from their Funding Wallet to their new Trust Wallet account using the first-time “deposit” feature. The first 50,000 eligible users who meet these requirements will each receive 1 ARB token coupon.
For Earn Wednesday and APE and these 10 coins
On the other hand, Binance is presenting an exciting array of new offers under the title “Earn Wednesday”. This initiative will offer new rewards across a variety of Binance products, including Simple Earn, DeFi Staking, Liquid Swap, Dual Investment and more. Users can look forward to weekly surprises and attractive incentives as part of this ongoing promotion. Now let’s take a closer look at some of the limited-time offers:
1. Flexible products:
- INJ: Enjoy approximately 12% real-time APR with a minimum limit of 0.1 INJ and no maximum limit.
- OSMO: Gain approximately 9% real-time APR with no OSMO minimum limit of 0.01 and no maximum limit.
- APE: Experience a real-time APR of approximately 9% with a minimum limit of 0.1 APE and no maximum limit.
2. Locked products:
- COS: Lock your assets for 15, 30 or 60 days and earn 4.9%, 7.9% and 11.9% APR respectively. The minimum limit per user is 100 COS, and the maximum limit ranges from 500,000 COS to 100,000 COS depending on the lock time.
3. Liquidity farming:
- WBETH/ETH: Join the liquidity farm pool and earn 2.22%* APR with a minimum deposit of 0.035 WBETH.
- ETH/BETH: Earn 3.01%* APR by providing liquidity with a minimum deposit of 0.035 ETH.
- BTC/WBTC: Earn 1.62%* APR by depositing at least 0.015 BTC in the liquidity farm pool.
- TUSD/USDT: Earn 2.82%* APR with a minimum deposit of 1 TUSD.
- USDC/USDT: Enjoy 2.72%* APR with a minimum deposit of 1 USDC.
- BUSD/USDT: Earn 2.09%* APR with a minimum deposit of 1 BUSD.
There are new options for flexible and VIP credits
Additionally, Binance expanded its loanable and collateral assets in Flexible Credit and VIP Credit. New loanable assets include COMBO, ENJ, THETA, ASTR, ONT and LOKA, while collateral assets now include ARPA, STG, LQTY, FXS and BNX.
Binance Flexible Loan offers users an isolated, over-collateralized and open-term loan service. It allows users to borrow cryptocurrencies by collateralizing their existing Simple Earn Flexible Product subscriptions. This innovative approach provides users with flexibility and real-time APR rewards through Simple Earn Flexible Products.
Binance VIP Loan, on the other hand, caters to both personal and corporate users, offering competitive rates, terms and services. Serving as a major over-collateralized loan service, it enables users to unlock greater potential for long-term mutual funds, leveraged trading and hedging strategies.
Dual Investment and Liquid Swap products introduced
Additionally, Binance has introduced a new batch of Binary Trading products with updated Target Prices and Settlement Dates. These products allow users to choose between Sell High and Buy Low and subscribe to popular cryptocurrencies at no cost. The coins that were subject to the subscription process were BNB, ETH, SOL, ADA, MATIC, BCH and the following.
Finally, Binance Liquid Swap offers three new liquidity pools: SUI/USDT, SUI/BTC, and FLOKI/USDT. Users interested in adding funds to these pools should be aware that there are certain risks involved as the number of digital assets used may differ from the number added to the liquidity pool.
Binance continues to expand its services and offer innovative solutions to its growing user base. With the joint giveaway between Binance Pay and Trust Wallet, weekly rewards via Earn Wednesday, new loanable and collateral assets, Binary Investment products, and the addition of liquidity pools to Binance Liquid Swap, users can enjoy the benefits of exploring the cryptocurrency world and interacting with Binance’s diverse ecosystem. It has ample opportunities for
