Binance Made 3 Announcements That Excited Investors: Here are the Details!

Three important announcements came from the Binance exchange that will make cryptocurrency investors happy! These announcements address different needs of investors and offer new opportunities.

DeXe (DEXE) is now on BNB Smart Chain (BEP20)!

Binance has completed the integration of the DeXe (DEXE) token into the BNB Smart Chain (BEP20) network. In this way, investors will now be able to easily make DEXE investments via the BNB Smart Chain network. Deposit and withdrawal processes for your Dexe investments are now active!

High interest opportunity for IOTX with Binance Simple Earn!

Binance Simple Earn platform has updated the Locked Artifacts program for IoTeX (IOTX). You can benefit from an annual percentage return (YPG) opportunity of up to 11.9% by investing in IOTX during the promotion period, which will take place between 10:00 (UTC) on June 13, 2024 and 09:59 (UTC) on July 13, 2024! During the campaign, investments will be valued on a first-come, first-served basis. Minimum and maximum investment measures and investment period will affect YPG rates.

Leverage and collateral rates are being updated in Binance Futures!

The Binance Futures platform will update the leverage and margin rates of USDⓈ-M always contracts for the FETUSDT, AGIXUSDT and OCEANUSDT trading pairs at 10:30 (UTC) on June 13, 2024. This update will also affect previously opened positions for these process pairs. It is important for investors who had positions opened before the update to follow the update and adjust their positions accordingly when necessary.

Points to be considered:

  • Binance reserves the right to change the rates at any time after the promotion period without prior notice.
  • Binance Simple Earn will transfer digital assets invested in Locked Works to flexible works at the end of the promotion period. Take this into consideration as the value of crypto assets may change.
  • Investors can go to Accounts > Benefit > Simple Earn > Locked to view their Locked Works investments.
  • Investors can enable the “Automatic Renewal” function before investing in Locked Works. In this way, the Locked Work position whose investment period has expired is automatically converted into a new status for the same period of time.
  • The opening period for Locked Works is one day.
  • About early sales of Locked Artifacts: Investors may sell their assets early. However, when early sale is selected, crypto assets are sent back to the spot account and the investor is not entitled to any benefit (earned or expected). Distributed benefits will be deducted from the refunded amount. It may take 48-72 hours for your crypto assets to be returned to your spot account.

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