One of the most interesting and potentially lucrative features of the Binance Futures platform–the so-called Multi-Assets mode–allows traders to share margin across USDT- and BUSD-margined contracts to lower their risk exposure and take advantage of trading fee discounts.
On Wednesday, the publicly traded cryptocurrency exchange Coinbase listed Binance USD (BUSD), a stablecoin project of its exchange competitor Binance. BUSD joins Coinbase’s rich offering of stablecoins that already includes Tether, USD Coin, TerraUSD, Dai, Paxos Standard, Rai Reflex Index, and mStable USD. Coinbase clarified in a Twitter post that it is adding support for ETH-based BUSD and that sending the asset on other platforms might result in a loss of funds.
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 Auto-Invest allows users to dollar-cost average (DCA) their cryptocurrency investments and earn interest on their crypto holdings. Learn more in our review.
Binance Crypto Loans offers several benefits over traditional loan offerings and allows users to increase their exposure to cryptocurrency markets by staking their spot holdings as collateral.
Binance Margin allows traders to magnify their exposure to crypto markets and to participate in the Friday Funday promotion. Learn more in our Binance Margin review.
Binance, the world’s largest digital asset exchange, has introduced Anchor Protocol (ANC) on its Launchpool platform. Binance users will have the opportunity to use their Binance USD (BUSD), Binance Coin (BNB), and Terra (LUNA) funds to earn staking rewards in ANC tokens. The farming period starts on January 26 and ends on February 24.
Learn how to earn Anchor Protocol (ANC) by staking BNB, BUSD, and LUNA on Binance Launhcpool in our step-by-step guide.