This week begins with a new listing announcement from the cryptocurrency exchange Binance, revealing that they will include Sui (SUI), Binance Staked SOL (BNSOL), and Wrapped Beacon ETH (WBETH) in their Duel Investment services. This move will add more options for user rewards.
Cryptocurrency users will be able to earn higher rewards as Sui, BNSOL, and Wrapped Beacon ETH are included in the Dual Investment segment.
Traders can maximize their profits by using these tokens as it allows users to earn additional income when they commit to selling them at higher prices or buying at lower prices. This is particularly suitable for cryptocurrency investors looking to profit from price volatility.
One of the main financial features of the cryptocurrency exchange Binance is the Dual Investment program that allows cryptocurrency traders to commit to selling or buying in the future at a predetermined price. This gives them high returns and flexibility in a volatile market.
With the addition of the SUI, BNSOL, and WBETH tokens, the scope of this Binance feature has been expanded as it can cater to various interests and investment strategies.
This event takes place at a time when the cryptocurrency world is shifting towards staking solutions and decentralized finance (DeFi).
Wrapped Beacon ETH is a digital asset based on Ethereum in a wrapped form that is commonly used on other blockchains. Meanwhile, Sui and Binance Staked SOL aim to leverage the increasing demand for cross-chain compatibility and staking options.
With this addition, the cryptocurrency exchange Binance is likely to attract more cryptocurrency users who want various pathways to build their portfolios. This is also expected to result in an increase in liquidity and trading volume on Binance, which will ultimately benefit traders.
At the time of writing, Sui has increased by 7.16% in the past 24 hours and is trading at $3.17 while trading volume has decreased by 0.38% to $3.27 billion and the market cap is $9.04 billion. BNSOL and WBETH are trading at $220.45 and $3484 respectively, with increases of 5% and 4.67% in the past 24 hours.
