Binance users will receive updates and promotional information on the new platform – details

TL;DR

The exchange will spread news and educational material about one of the most popular messaging apps. Recently, it added new trading pairs and bot options, but also removed several pairs, causing a short-term price drop. Making Crypto “More Accessible”

Binance launched an official channel on the messaging app WhatsApp. There, users will receive recent news, event announcements, product updates, and educational content about blockchain technology, cryptocurrencies, and Web3. The company said the development is part of its mission to “make crypto more accessible.”

“For your safety, please note that this is the only official Binance channel on WhatsApp. We recommend users to follow only official Binance channels to avoid unauthorized sources or possible scams. Our Telegram and Discord channels will follow available, offering multiple options to stay connected with Binance,” the company added.

Richard Teng, CEO of the exchange, also spoke about the latest development. He said the WhatsApp channel will help users “stay informed with trusted news, alerts and updates straight from us.”

On the other hand, it warned customers to stay alert about potential scams, assuring that Binance will “never add you to groups or ask for your account details through messages.”

Other Binance Updates

The company continues to monitor the trading options it offers users, adding new pairs based on market trends and removing existing ones due to low liquidity and other reasons.

Earlier this week, I listed PNUT/BRL, PNUT/EUR, ACT/BRL, ACT/EUR, CATI/USDC, ETH/EURI and LUMIA/TRY on Binance Spot. It said users will enjoy zero maker fees for ETH/EURI “until further notice.

In addition, it allowed trading bot services for ADA/USDC, DOGE/USDC, SUI/USDC and XRP/USDC, in addition to the pairs mentioned above. The new options are not available to all customers. Excludes residents of Canada, USA, Iran, Netherlands, Syria and other countries.

There was also a delisting effort. Binance removed the spot trading pairs DAR/BTC, IRIS/BTC, RARE/BRL, THETA/ETH and UTK/BTC on November 22. Access to margin trading pairs C98/BTC, FIS/BTC, IDEX/BTC, MBOX/BTC, REN/BTC, TKO/BTC will also end on November 27th.

Most of the affected cryptocurrencies headed south shortly after the announcement. However, their prices recovered in the following days, coinciding with the massive green wave across the digital asset market.

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