Binance, one of the leading cryptocurrency exchanges, has been making waves in the crypto world with a series of exciting announcements. Here are the latest announcements of the stock market…
Celo network upgrade powered by Binance
Binance has taken a significant step and confirmed its support for the upcoming Celo (CELO) network upgrade and hard fork. This upgrade, scheduled to take place at block height 21,616,000 or approximately September 26, 2023 at 20:15 UTC, marks a very important milestone for the Celo ecosystem. Starting at approximately 19:15, token deposits and withdrawals on the Celo network will be temporarily suspended. However, it is important to note that trading of these tokens will not be affected. Binance will fulfill all technical requirements to ensure a smooth transition for users. Once the upgraded network is deemed stable, deposits and withdrawals will proceed without further notice.
New bilateral investment products have emerged
Binance is also introducing a new set of Binary Trading products with updated Target Prices and Settlement Dates. These products provide flexibility in investment strategies by allowing users to choose between “Sell High” or “Buy Low” options. Subscription for these products is on a first come, first served basis. Users can review the new Target Prices and Settlement Dates on Binance’s platform. Dual Investment offers a free opportunity to invest in popular cryptocurrencies including ETH, BTC, BNB, SOL, MATIC, ADA, NEAR, ATOM, XRP, ALGO, FTM, BCH, DOGE.
Support for MAV integration for zkSync Era
Binance continues to expand its offerings by successfully integrating Maverick Protocol (MAV) into the zkSync Era network. This integration opens new possibilities for MAV holders by allowing users to deposit and withdraw MAV tokens to the zkSync Era network. Users can find their assigned token deposit addresses on the crypto investment page.
VTHO added to cross margin
Finally, Binance has included VTHO as a new borrowable asset in Cross Margin. This development brings with it a new trading pair. VTHO/USDT offers investors more opportunities to diversify their portfolios. For detailed information on collateral assets, collateral rates, and rates, users are recommended to refer to Binance’s collateral data section. Binance continues to innovate and expand its offerings, solidifying its position as a leading cryptocurrency exchange. These announcements mark the exchange offering a wide range of services and opportunities to its global user base.
