Main Takeaways
Last month, we reviewed and processed 2,411 user product and feature suggestions collected through our Feature Request & Feedback Board.
We saw a broad range of submissions across our product suite, with a strong focus on Binance Futures, Square, P2P, and Options.
Follow our official social channels for weekly updates on Binance’s latest product refinements with #BinanceBuild, posted every Wednesday and Friday.
This is a general announcement. Products and services mentioned here may not be available in your region.
Welcome to the latest edition of the #BinanceBuild monthly recap, your go-to source for discovering the newest updates and enhancements across the Binance ecosystem. While flagship launches often steal the spotlight, the nuanced improvements inspired by your invaluable suggestions from our Feature Request & Feedback Board are equally crucial in driving our growth. Let’s dive in.
Binance Futures: Easy Mode is Here!
Binance Futures is our advanced cryptocurrency derivatives trading platform, offering over 490 trading pairs and enabling traders to profit from price movements through long or short positions. With access to the industry's most liquid order books, it ensures a comprehensive and dynamic trading experience. In response to popular user demand and feedback, we’ve developed a new trading mode to make the platform even more user-friendly.
Futures Easy Mode
Binance Futures' Easy Trade Mode provides users with a simplified and more intuitive interface. Accessible from the Pro version of the Binance app, the USDⓈ-M Easy Trade Mode streamlines the trading experience into just a few taps. Set your trade parameters, view instant price quotes, and confirm your trade with ease.
To activate Futures Easy Mode, click on the settings icon [...] at the top right of your screen and switch from Classic to Easy mode.
Binance Square: An Enhanced Social Experience
Binance Square is a vibrant social networking and content hub for crypto enthusiasts to share insights, join communities, and stay updated on the latest news and trends in crypto and Web3.
It serves as a core platform in the Binance ecosystem for daily interaction with our global community, fostering open engagement. Here are two new features to enhance your Square experience.
Displaying Recent Portfolio and Trades
We've introduced a new update to the post editor, enabling you to share your portfolio performance and recent trades as interactive widgets in your posts. This feature not only enhances your credibility among other users but also serves as a tool to spark conversations with fellow traders.
Audio Live Token Widgets
Audio Live is a powerful feature of Square, designed for real-time, interactive conversations, whether you're tuning into expert insights, engaging in live Q&As, or hosting your own sessions. Since its launch in August 2024, we have continually enhanced Audio Live with new capabilities.
In December, we introduced interactive token widgets, allowing hosts to pin related coins onto the Audio Live interface for all listeners to view. This makes sessions more interactive and engaging. When listeners tap on the widget, they are directed to the trading page of the token for deeper information and insights.
Binance P2P: Flexibility Without the Complexity
Our Binance Peer-to-Peer (P2P) platform is the largest P2P exchange in the market, providing a seamless marketplace for direct user-to-user trades. Supporting over 800 payment methods and 100 fiat currencies, it caters to a diverse range of needs. With robust security features and zero fees, our P2P platform is the premier destination for both novice and seasoned crypto traders. Here are some of its latest updates:
Custom Alerts
Keeping up with your preferred P2P market and pairs for the best pricing can be a hassle. That's why we've introduced new custom P2P notifications. Choose from a variety of alert types to stay informed when your usual merchants post new ads or when trading prices fluctuate significantly. Tailor your notifications and stay ahead effortlessly.
Merchant Badges
In our latest update to the P2P Merchant Program, we introduced three new levels: Bronze, Silver, and Gold. This upgrade aims to promote high trading standards and enhance the overall experience for Binance P2P users. These verification levels will also display as badges on the merchant’s profile, serving as a medium of verification for users seeking reliable merchants to trade with, ensuring a high-quality trading experience.
Binance Options: A Hedging Vehicle
Binance Options provide unparalleled access to crypto options trading on both web and mobile platforms for traders of all levels. By paying only the Options Premium, traders can achieve the same exposure as holding equivalent Futures or Spot positions, making Options ideal for leveraged trades due to their lower capital requirements. Furthermore, our market-leading competitive fees amplify these benefits.
Term Structure Page
Our Options Data page now includes a new tab visualizing options implied volatility (IV). IV reflects market expectations of future price fluctuations, helping traders gauge sentiment and potential price movements, thus influencing options pricing and strategies. High IV indicates greater expected volatility and higher option premiums, while low IV suggests lower expected volatility and lower premiums. The new tab allows traders to view historical IV charts for deeper insights and analyses.
Strike to Index Price
In addition to customizing your displayed sections on the Binance Options interface, we've added a new feature under the Preference tab that lets you display your strike-to-index price distance in percentage. This enhancement allows users to quickly view strike data, providing more extensive high-level insights.
Other Notable Features Released in December
Binance Wallet, Redesigned: We've revamped our Binance Wallet (formerly Web3 Wallet) with a completely new UI, featuring an all-in-one dashboard with cross-chain support. This update allows you to view all your Web3 assets in one place.
Kline Sync: Building on our previous update that enabled the syncing of Kline drawings between web and mobile apps, we’ve now extended support to include syncing technical indicators.
Further Reading
Binance Build November 2024: Key Enhancements Driven by User Feedback
Binance Research: Key Trends in Crypto – January 2025
From Bars to Bytes: Gold, Bitcoin, and the Future of Value
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
