Binance Announces the Innovations It Offers to Users

Binance, the world’s largest cryptocurrency exchange, announced that it will focus on innovation and development in 2022 and will also focus on user-oriented studies this year. So what are these innovations, let’s see together.

In 2022, when the crypto money markets were shaken by very serious crises, Binance continued its user-oriented developments as the world’s largest cryptocurrency exchange. NFT, one of the application designs of the stock market, which is officially serving in our country, has made important developments in the field of security measures and especially Web3.

Binance NFT reached 600 thousand weekly users last year. A marketplace where 2.5 million NFTs are listed it happened. In addition, each verified user was allowed to sell their works as NFT on this marketplace. Going beyond an ordinary trading experience with these innovations, Binance will continue its decentralized finance (De-Fi) innovations this year as well.

Binance continues to make Web3 accessible to everyone:

Binance also showed last year that the user-oriented perspective is at the heart of its work. In this context, Binance Pay allowed users in 70 different markets to send fiat money using their crypto assets. “Trust Wallet” In addition to integration, the possibility of adding crypto balances from mobile devices was provided. The market section in the Binance application has also taken on a structure that allows users to load money on their mobile phones and access DeFi services. In addition, Binance has devoted its work this year mainly to projects that simplify Web3 for a wide range of users with varying levels of crypto experience and technological knowledge.

Sight-friendly palette is now available:

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According to the National Eye Institute, about 300 million people have color vision impairment. According to this report, Binance has found that the most common color disturbances include shades of red and green, the two most important colors in a typical trading interface. Accordingly, Binance has replaced the red/green palette with a more vision-friendly blue/orange arrangement to make its trading interface available to everyone, and introduced a new color vision disturbance palette.

Updated validation measures:

Binance updated its verification measures in 2022 to allow users to join the platform seamlessly and to comply with regulations in different regions. In nine new countries, the company has deployed its systems to government databases and databases to allow users to verify their identity without uploading documents. with reliable service providers integrated.

In addition to all these, Binance NFT, which was launched in 2021, reached over 600 thousand weekly users, 2.5 million NFTs listed, and collaborated with leading names in sports, music and entertainment. The company has also provided every verified user with at least two followers the opportunity to mine their artifacts on Binance NFT. Approximately 100,000 NFTs have been removed from these updates so far, and these NFTs Over 40 million USDT trading volume created.

Not only does it offer a trading experience, Binance has a wide range of products that generate returns, including Staking. The company has also taken steps to simplify some of its most popular Binance Earn products by launching a crypto cashback program in this regard. It has also combined Binance locked staking products with various products on a platform called “Easy Earnings”. Automated Investment, founded in 2021, is a low-risk, crypto-invested dollar cost average (DCA) Last year, it continued to be one of the most popular investment products for those who prefer this approach.

We will continue to share with you the innovations about Binance, stay tuned.


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