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Binance Savings adds IOS, XMR; DEX supports WRX/BNB trading pair

Image by Binance from Twitter

Sat, 18 Apr 2020, 04:54 am UTC

Crypto exchange Binance has made new updates for Binance Savings and Binance DEX.

On Thursday, Binance announced that Binance DEX has opened trading for a WRX/BNB trading pair. Users should take caution though because cryptocurrency investment is subject to high market risk. Binance DEX will not be responsible for its clients’ investment losses.

Binance Savings also added IOST and XMR to the list of supported assets on Flexible Deposits, value-added service to Binance users who hold idle digital assets in the platform.

The individual max limit for IOST is 4,000,000,000 IOST. Meanwhile, the max limit for XMR is 200,000.

Users should take note that Binance Savings will adjust interest rates and maximum individual limits on flexible deposits based on market and risk factors. The amount subscribed to Binance Savings products will not be able to receive their corresponding staking rewards.

Meanwhile, Binance has temporarily disabled Visa and Mastercard payments in the “Pay with Bank Card” feature in various countries and regions worldwide. The features is not available to the following countries for a limited time:

Argentina, Brazil, Colombia, Hong Kong, India, Indonesia, Israel, Kazakhstan, Kenya, Malaysia, Mexico, Nigeria, Peru, Philippines, Singapore, South Africa, South Korea, Switzerland, Taiwan, Turkey and Vietnam.

Meanwhile, users in countries that were not mentioned above will continue to enjoy the service. Users in the following countries will enjoy the service as normal:

Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Republic of Cyprus, Romania, Russia, Slovakia, Slovenia, Spain, Sweden, UK and Ukraine.

Binance has also partnered with various companies to expand its services. Just recently, it announced its partnership with software company Brave to bring Binance trading to browsers.

“By bringing a leading exchange like Binance directly into the browser, Brave is taking cryptocurrency trading mainstream and enabling users to conduct a transaction with ease,” said Brendan Eich, CEO and co-founder of Brave.

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  • 2020.06.26 15:52:11
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