#BinanceBuild Feb 2024: Feedback Roundup
Main Takeaways
In February 2024, our teams validated 283 suggestions submitted by Binance users via our Feature Request & Feedback Board
This led to several key updates, including but not limited to UI enhancement, new features in Binance Earn, and advancements across trading products.
Stay tuned to our official social channels for weekly updates on Binance’s latest product feature releases via #BinanceBuild.
This is a general announcement. Products and services mentioned here may not be available in your region.
Welcome to the second #BinanceBuild update of 2024 — where we present the latest enhancements to the Binance ecosystem released throughout February. Our progress is not only marked by big new features but also smaller yet key refinements. Many of which are directly inspired by your contributions through our Feature Request & Feedback Board — Thank you!
In this month’s edition, we present a range of new updates that have directly stemmed from your proposals. This accentuates our pledge to transform your Binance journey into one that's more user-friendly, productive, and rewarding.
General Updates: User-Friendly UI
These enhancements aim to streamline your user journey, offer improved clarity, and boost the overall user-friendliness of our platform. Let's delve into what's been released:
View your favorite trading pairs in Cards
When browsing your favorite set of trading pairs on the Market Overview page, you now have the option to present your pairs in Card format. This offers a quick preview of each pair's line chart — permitting you an instant view of price trends, making it more convenient to discern patterns at a single glance.
New Discover tab on your Dashboard
From your very own dashboard, you have the power to tap into the latest trends in Copy Trading & Binance Earn within our ecosystem. All it takes is a simple click on the Discover tab.
Kline Orderbook buy/sell ratio
You can now instantly visualize the live buy/sell ratio for any trading pair, conveniently situated above its respective order book. Illustrated as a singular bar, this ratio is easily interpretable. For greater precision, the ratio is derived from the top 20 buy/sell orders.
Binance Earn: Supercharged Products
Binance Earn is the go-to platform for those seeking to optimize their crypto holdings, delivering a broad range of options from flexible savings and staking to dual investment. Equally accessible for beginners and seasoned users, Binance Earn offers an intuitive, secure, and versatile path to asset growth. Let's explore the most recent enhancements!
Upgraded Flexible Loans
Binance Loans (Flexible Rate) is an innovative loan product that leverages cryptocurrencies in Simple Earn subscriptions for loan collateral. This provides users with flexibility without a fixed loan term. In February, we increased the Loan-to-value (LTV) ratio for all new flexible loans from 70% to 78%, offering users heightened liquidity and improved capital efficiency.
Revamped Simple Earn Subscription Page
We've updated the Simple Earn page and added a fresh tab that promptly exhibits product rules. The revamped design enhances the clarity of information, making it easier for users to grasp essential elements, improving the overall user experience.
Futures & Margin: Elevating Your Trading Game
This month has seen several enhancements across Margin and Futures Trading on Binance. Features like the Auto Transfer Mode for Isolated Margin is designed for an improved trading experience so you can navigate the markets with greater confidence. Let’s dive in!
Funding Fee historical rates
We've upgraded the funding fee/rate popup to display historical rates of your chosen symbol. This enrichment of historical data aims to empower you in your trading journey, offering insightful context that can guide your decision-making process.
New Auto-Transfer Mode when trading with Isolated Margin
The new Isolated Margin Auto-Transfer Mode serves to significantly streamline your trading process. It permits you to initiate orders using the available assets from both your Spot and Margin Wallets. In scenarios where your Isolated Margin Account balance is insufficient when setting up an order, the system cleverly steps in to automatically transfer the needed quantity of assets from your Spot Wallet to your Isolated Margin Wallet. This automation ensures a smoother, more efficient trading experience by eliminating the need for manual transfers and enabling quicker trade executions.
Binance Square: Personalize Your Social Experience
Customize your Content Preferences
We've enhanced the Square Discover page, enabling personalization according to users' interests. From the settings page, preferred topics such as Binance updates, media news, influencer insights, and more can be selected, ensuring only relevant content is displayed. This tailored browsing experience paves a smoother path for your activities on Square.
Other Features Released in February
Engage with Dual Investments through API: Binance has enhanced its offerings, allowing API users to leverage Binance Dual Investment. From occasional users to those who operate exclusively via API, everyone can now make Dual Investment an essential part of their investment strategy.
Enhanced Futures Record Keeping: Futures traders are now empowered with the ability to export their position history, enabling efficient documentation and analysis of past trading performance.
Extended Futures Trading Support: The versatility of Binance webhooks has been augmented to include the execution of futures market orders, making it more comprehensive for our trading community.
Launchpool Pre-sale Tags: We've introduced a new feature that alerts users of ongoing or imminent Launchpools directly from the Binance Earn & BNB Vault page, making it easier to keep track of pre-sale events.
Customize Your Futures Order Form Layout: We've introduced additional customization possibilities for your futures trading interface. You now have the option to conceal the buy/long and sell/short tabs for a more trimmed down and efficient trading experience.
Building Together: A Look Ahead
As we conclude this installment of #BinanceBuild, the enhancements shared reflect more than just monthly adjustments; they embody our commitment to refining your experience on our platform. Every update is a leap forward in our shared exploration of the dynamic world of crypto and finance. Remember, your feedback fuels our innovation, and together, we build a more streamlined and user-friendly platform. Until the next edition of #BinanceBuild: keep building!
Further Reading
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.