Binance Dual Investment is a unique product offered by the Binance cryptocurrency exchange. It’s designed to give users who want to buy a cryptocurrency at a lower price or sell a cryptocurrency at a higher price the chance to do so—all while earning interest at the same time. When subscribing to a Dual Investment program…
The Savings products on Binance allow cryptocurrency holders to earn interest on deposited cryptocurrency holdings.
Cryptocurrency lending has become a popular practice among both cryptocurrency traders and investors. There’s many reasons why one would want to lend crypto. For example, a long-term holder might want to use their crypto holdings as collateral to access short-term capital without having to sell their coins. A trader focused on short—term market moves can use loans to add leverage to their trading positions.
Leading cryptocurrency exchange Binance has announced Project Galaxy (GAL) as the newest addition to the Launchpool platform. Binance users will have the opportunity to use their Binance USD (BUSD), Binance Coin (BNB), and PancakeSwap (CAKE) holdings to earn staking rewards in the form of Project Galaxy’s native GAL tokens.
Learn how to earn Project Galaxy’s GAL tokens by staking BNB, BUSD, and CAKE on Binance Launhcpool in our step-by-step guide.
Binance has completed its 19th BNB quarterly burn, which removed 1,839,786 BNB worth approximately $741 million from circulation. This was the second quarterly burn that employed Auto-Burn, a mechanism introduced last year to improve transparency and predictability of scheduled quarterly burns.
According to a recent news report from The Block, the BNB Chain Application Sidechain (BAS) is coming to Binance’s blockchain network. While the company’s spokesperson didn’t specify when sidechains will launch, he did provide a brief overview of BAS’ capabilities:
Learn about Binance Loans’ main benefits and what you should consider before staking your spot holdings as collateral to take out a crypto loan.
Binance Auto-Invest allows users to dollar-cost average (DCA) their cryptocurrency investments and earn interest on their crypto holdings. Learn more in our review.