Binance has added eight new assets to Flexible Savings, a value-added service provided by Binance to its users. Assets added include DNT, BEL, JST, OP, LTO, RAD, UFT, and RVN. Binance has shared the update on the official website with some terms and conditions.
Subscriptions close once the maximum limit is reached for a certain product. The team reserves the right to modify the list of supported currencies for flexible savings. Other things that can be changed are subscription limits, rewards, and individual limits.
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Binance is an industry leading crypto exchange worldwide. The offers provided to users span across an entire ecosystem of Binance. The elements of the ecosystem are Binance Charity, Binance Launchpad, Binance Academy, Binance TrustWallet, Binance Labs, and Binance Research, to name a few. More platform features can be explored in detail in a comprehensive, research-backed review. Binance Platform Review.
The native community token is BNB. It has several uses, including one where it fuels the entire ecosystem as an underlying gas.
Binance’s vision is to increase global monetary freedom to dramatically improve everyone’s life. It was founded in 2017 and the head office is in Malta.
Over 100 cryptocurrencies are listed on Binance, giving users a huge list of digital assets to choose from for trading. Binance supports 19 fiat currencies.
Mobile trading is a key feature of Binance, and it allows users to trade their digital assets on the go. The mobile app of the crypto exchange platform is compatible with all mobile mining software and devices. Another key feature of Binance is its e-wallet, where fiat currencies can be deposited or withdrawn 24/7.
The official wallet offered by Binance is called Trust Wallet. It is decentralized in nature and helps users not only keep their digital assets but also earn reasonable interest. Customer support is available 24/7 on Binance, and users can contact a representative whenever they are stuck at any given time.
The solutions recommended by the customer support team are specially tailored to the needs or requirements of the user. Traders starting their journey with crypto can visit the learn section of the platform to familiarize themselves with the process of buying and selling cryptocurrencies and other commodities.
Binance Basic Trading Account largely supports new traders and helps them stick to a particular product. Experienced traders normally prefer to sign up for the Advanced account, where they can expand their investment portfolio and gain access to detailed technical analysis.
Beginners stick with the basic account for a while because it is easy to understand and use. It displays all important information on one page, eliminating the need to navigate to different pages.