Binance Weekly Report: Introducing Bundle

2020-04-27

In this weekly report (April 20 to 26, 2020): We updated the Binance app for iOS, completed the token sale for Cartesi, supported the launch of an app that aims to be the Venmo of Africa, and more.

1. Introducing Bundle, an Africa-focused Social Payments App. Founded by Yele Bademosi, formerly a director at Binance Labs, Bundle allows users to request, send, and receive cash or crypto from their peers. Download the app here!

Read Yele’s interview with Forbes here, which talks about Bundle aiming to be the Venmo of Africa.

Binance Exchange Updates

2. Updated the Binance app for iOS. V2.11.0 features a homepage revamp, a new Binance Futures Calculator, crypto-to-crypto conversions for 200+ pairs, and a new feature that allows you to post trade advertisements on Binance P2P. Download the app now!

3. New listing: Cartesi (CTSI). We also opened CTSI/BNB, CTSI/BTC, CTSI/USDT, and CTSI/BUSD trading pairs.

4. New listing: Hive (HIVE). We also opened HIVE/BNB, HIVE/BTC, and HIVE/USDT trading pairs.

5. Binance Widget Program gets 54 platforms, 3.3 million USD volume in its first month. Daily volumes reached as high as 550,000 USD. Join the Binance Widget Program now!

6. Binance VIP Invitation Program update. Show us your trading volumes on competing exchanges and we will offer you a VIP tier that is one level higher than what you would have received if you had traded this volume on Binance for two months!

7. Binance Savings adds two more tokens to flexible savings. BAT (with an individual max limit of 65,000,000 BAT) and ZEC (300,000 ZEC limit).

8. Binance Loans adds EOS as a collateral option. 

9. Removal of trading pairs (see the list here).

10. System upgrade (April 25). Major improvements include a new API endpoint for deleting open orders and additional API function for canceling orders during a Break or Halt status.

Binance Ecosystem Updates

11. Cartesi Sale Results on Binance Launchpad. There are 7,500 winning tickets held by 7,356 total winners, representing 33.18% of all 22,169 participants.

12. Binance Mining Pool mines first block. According to Binance CEO CZ, this mining pool is still in closed beta but will go live soon and offer the lowest fees of any mining pool. Email poolvip@binance.com to join the pool.

13. ONT-pegged token on BNB Chain. Binance issued ONT-33D, a crypto asset pegged to Ontology tokens, on the BNB Chain and proposed to list it on Binance DEX.

Meanwhile, Binance DEX added the RUNE/BUSD trading pair.

14. Binance Academy released new content: 

  • Mining Pools Explained. Mining is integral to the security of Proof of Work blockchains. 

  • What Is a Dusting Attack? In this attack, hackers and scammers try and break the privacy of Bitcoin and cryptocurrency users by sending tiny amounts of coins to their personal wallets. 

15. Binance Research released new content: 

16. Binance Podcast new episodes: 

  • EPISODE 37: How Blockchain Helps During COVID19, with Helen Hai, Head of Binance Charity, and Don and Alex Tapscott, co-authors of Blockchain Revolution and co-founders of the Blockchain Research Institute (BRI).

  • EPISODE 38: The COVID-19 Coronavirus and Role of Media During the Pandemic, with Carol Yin, the host of Analyse Asia.

17. Latest videos from Binance Guides: 

18. Latest updates from Binance.US 

19. Binance Charity ships medical supplies to Italy. Join our Crypto Against COVID campaign so that we can send more medical supplies to more countries.

Binance Futures and Options Updates

20. Binance Options overtakes competitors on Day One (CoinTelegraph). The platform has hit $295 million in traded volume as of April 20, according to Aaron Gong, Vice President of Binance Futures.

21. Trailing stops now live on Binance Futures.

22. Binance Futures trading interface, now modular.

23. How to get started with Binance Options. In this article, you will learn why Binance options are increasingly popular among crypto traders, how you can get started with it, and the various strategies that you can implement to potentially generate steady returns with options trading.

#UseBNB, Fiat, and Stablecoin Updates

24. Elrond launches BUSD as the first stablecoin on its mainnet. Binance and Elrond have entered into an agreement that will make BUSD available on the Elrond Network. 

25. Stake BNB, earn KAVA. In this new use case for BNB, the Kava lending platform is offering BNB holders 3,848,000 KAVA over the course of 52 weeks as a reward for staking BNB and minting USDX.

26. Buy BNB with fiat on Transak. The Indian fiat-to-crypto platform is now supporting BNB purchases with currencies such as British pound, Indian rupee, Euro, and more.

27. ShapeShift supports BNB. You can now send, receive, track, and trade BNB on the ShapeShift platform.

28. Bidali supports BUSD. Now you can use BUSD as a payment option at hundreds of retailers supported by Bidali.

From the Binance Team

29. Stay #SAFU From This Recent iOS Mail App Vulnerability. This week, we’ve learned of a serious exploitable vulnerability in the built-in Mail app on Apple iOS. Protect yourself from this risk by following the steps given in the blog.

30. Our Book Recommendations to Pass the Time During Quarantine. This is the newest blog on our ongoing #StayAtHome series, following previous articles How Binance Works From Home and How Binance Runs a Remote Organization.

31. Binance Charity Head Helen Hai on Forbes. "At Binance, we believe technology should work for people. We should consider growing a global, comprehensive world-view where technology serves human beings,” she said in an interview.

32. Team Binance reaches 1,000 people. And we’re still hiring more! Apply now.

Promos and Community

33. ONGOING: Cashback promo on Pay with Bank Card. Get up to 500 BUSD in cashback, which will be given on a first-come, first-served basis. Promo runs until April 29. (Update on rules here.)

34. ONGOING: 400,000 NGN referral program in Nigeria. To celebrate Ramadan, Binance is giving Nigerians 2,000 NGN every time they refer a friend who finishes a trade worth 20,000 NGN.

35. Binance AMAs and Webinar Series 

  • Binance Spanish - Colombia Webinar (April 25)

  • Rupiah Token AMA (April 25)

  • Binance Portuguese Webinar (scheduled for April 30)

  • Online Super Meetup for Russia, featuring CZ (scheduled for April 30)

That’s a wrap for last week! Follow us on Twitter, Instagram, Facebook, and YouTube, and join our official Binance Telegram group to talk more with our community. 

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