Here are some recent updates about Binance:
1. Delisting of BTC Margin Trading Pairs: Binance is set to delist several Bitcoin margin trading pairs, including Band Protocol (BAND), Gitcoin (GTC), and others. The removal process begins with the suspension of isolated margin borrowing on December 4, 2024, and the full delisting will occur on December 11. Users are advised to close positions and transfer assets to avoid losses. Despite this, some affected tokens have seen price increases, such as Highstreet and Perpetual Protocol  .
2. Educational Initiative in Africa: Binance has partnered with AltSchool Africa to provide scholarships for 500 young Africans. Starting January 2025, the program will focus on equipping participants with digital skills in areas like software engineering, cybersecurity, and content creation. This initiative aims to bridge the digital skills gap and empower African youth for global opportunities .
3. New Features and Offerings: Binance recently announced the launch of USDⓈ-margined perpetual contracts for KAIA/USDT and AERO/USDT, with leverage up to 75x. Additionally, it has extended its “Simple Earn” product offerings with competitive APR rates for certain tokens .
These developments reflect Binance’s evolving strategies in trading, education, and new financial products. If you have specific areas of interest, let me know!
