Categories: Altcoin News

Binance Launches Mobile Version for Futures Trading & Staking Platform

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Binance has recently released a fully supported mobile version for Binance Futures trading. The news comes just a day after the leading exchange announced Koinal integration. 

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Futures Trading Now At The Tap Of a Button

Per a recent tweet by Binance CEO, CZ, a fully supported mobile version for Binance Futures Trading has been released. He further asked the traders to bookmark the URL to prevent any case of phishing. 

Source- Twitter

A few days back, Binance.US opened deposits for Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM) and 0x (ZRX).  Further, Binance.US commenced trading on September 24, 2019. The launch saw Binance.US list Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB) and Tether (USDT). 

Credit Card Payments Now Available for Traders

Binance also recently added support for Koinal. This integration will allow Binance users to buy crypto directly using debit and credit cards. As a part of Binance’s drive to increase the mainstream accessibility of crypto, users can now buy Bitcoin(BTC), Ethereum(ETH), Litecoin(LTC), Ripple(XRP) and BCHABC with their Visa and MasterCard using Koinal.

Source- Twitter

Furthermore, they can start trading on the Binance platform within minutes. The integration comes with a wide range of benefits which include low fees, Koinal will charge only 2.5% per transaction. Also, the purchased crypto assets will take 5-20 minutes to reach the user’s Binance wallet. 

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Margin Borrowing Amount Crosses $100 Million

Binance margin borrowing amount recently crossed $100 million. Further, Binance’s new version of its app, with support for lending has been rolled out to select users. It will have 100% coverage by Friday.

Further, yesterday, Binance launched the sixth phase of its lending products. In the sixth phase of Binance’s lending initiative, users will be able to lend Binance Coin(BNB), Bitcoin(BTC), EOS, Ethereum Classic(ETC), Ethereum(ETH), ChainLink(LINK), Tether(USDT) and Ripple(XRP) to earn interests payable from Sep. 25 to Oct. 09.

Are crypto traders in for more benefits as Binance continues to come up with user-friendly updates? Let us know, what you think? 

To keep track of DeFi updates in real time, check out our DeFi news feed Here.

Supriya Saxena

Coming from a physics background the unpredictability and intrigue of the cryptoverse attracted me to take a dive in this field. I am all eyes and ears for the latest trends in blockchain and crypto sphere. Whenever I am not writing or researching, I love to read sci-fi novels, play basketball and watch action movies. I strongly believe that blockchain and cryptocurrency will bring lasting transformations in people’s lives in the years to come. You can reach out to me at supriya [at] coingape.com.

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