"Binance Expands Offerings with Velodrome Finance (VELODROME): A Game-Changer in Decentralized Exchange and Trading Services"
Binance has recently expanded its offerings by listing Velodrome Finance (VELODROME) across multiple platforms, including Binance Simple Earn, "Buy Crypto," Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures.
Velodrome Finance is a decentralized exchange (DEX) built on the Optimism blockchain, designed to serve as a liquidity hub for the Superchain.
Following the Binance listing, VELODROME's price experienced a significant surge, increasing by approximately 90.3% within 24 hours, reaching around $0.292.
For users in Islamabad, Pakistan, Binance provides access to VELODROME through various services:
Spot Trading: Buy and sell VELODROME against USDT on the spot market.
Margin Trading: Utilize VELODROME as a borrowable asset on both Cross and Isolated Margin platforms.
Futures Trading: Engage in trading the USDⓈ-M VELODROME Perpetual Contract with leverage up to 75x.
Earn: Participate in VELODROME Flexible Products on Binance Simple Earn.
Auto-Invest: Set up recurring purchases of VELODROME through Binance Auto-Invest starting December 16, 2024.
Please note that trading newly listed tokens like VELODROME can be highly volatile. It's advisable to conduct thorough research and implement appropriate risk management strategies. Additionally, ensure compliance with local regulations when engaging in cryptocurrency trading.
