Exciting News for Crypto Enthusiasts: Binance Integrates BounceBit
Binance recently made a significant move to enhance its cryptocurrency offerings by integrating BounceBit (BB) into various services. This integration opens up new opportunities for Binance users to engage with BB across different platforms, from Simple Earn to Futures trading.
Accessing BounceBit on Binance
- Starting from 2024-05-15 at 10:00 (UTC), users can purchase BB using various payment options available on Binance Auto-Invest.
- Buy BB directly with credit/debit cards, Google Pay, Apple Pay, or use wallet balances on the “Buy Crypto” page.
- Trade BB against BTC, USDT, and other tokens supported by Binance Convert without incurring any fees.
Utilizing BounceBit on Binance Margin
- BounceBit has been introduced as a new borrowable asset on Cross and Isolated Margin on Binance.
- The BB/USDT pair on Cross and Isolated Margin will be accessible from 2024-05-13 12:30 (UTC).
- Refer to Margin Data for updated information on marginable assets, limits, collateral ratios, and rates.
Exciting Futures Trading on Binance
- Binance Futures is set to launch the USDⓈ-M BB Perpetual Contract on 2024-05-13 12:30 (UTC) with leverage up to 50x.
- The funding rate for the BBUSDT Perpetual Contract will be +2.00% / -2.00% at launch, with funding fee settlements every four hours.
- Users are advised to review the Binance Terms of Use and the Binance Futures Service Agreement for details on trading the BBUSDT Perpetual Contract.
Enhanced Crypto Offerings by Binance
Binance’s integration of BounceBit represents a significant step towards providing users worldwide with expanded cryptocurrency services. This move demonstrates Binance’s dedication to meeting the evolving needs of the crypto community. However, it is essential for users to exercise caution when investing in digital assets, as market risks and volatility are inherent in the crypto space.
Hot Take: Embrace the Exciting Features of BounceBit on Binance!
As a crypto enthusiast, the integration of BounceBit on Binance presents a unique opportunity to explore new avenues in the world of digital assets. With the latest offerings in Simple Earn, Margin trading, and Futures contracts, Binance is paving the way for a more inclusive and dynamic crypto ecosystem. Stay informed, stay engaged, and make the most of these exciting developments in the crypto industry!
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