Main Takeaways
Between November 1 and November 30, 2023, our teams validated 246 suggestions submitted by Binance users via our Feature Request & Feedback Board.
This resulted in multiple feature releases across various products, including enhanced P2P trading features, streamlined processes for deposits and withdrawals, and a series of dashboard revamps for a more intuitive interface.
Look out for weekly #BinanceBuild updates from our official social channels for the latest updates to Binance’s product suite. Keep building!
In our ongoing mission to globally expand the freedom of money, the Binance team continues to innovate tirelessly. Our progress is marked by not only big new features but also smaller yet crucial improvements. Each step forward is important, with many inspired by the suggestions you share on our Feature Request & Feedback Board.
Every month, we carefully review your ideas and turn them into features that improve your experience on our platform. In this monthly edition of #BinanceBuild, we invite you to discover the latest updates and enhancements, all shaped by our dedication to our community, and our goal to constantly improve. Because crypto is better with Binance.
Elevating Your P2P Experience
We’ve introduced a series of enhancements aimed at making P2P transactions more user-friendly, secure, and accessible. These updates, driven by your feedback, are designed to streamline the P2P process, offering both convenience and enhanced functionality. Let’s delve into these exciting new features that are set to boost your P2P trading journey on Binance.
Mobile Web for P2P Merchant Portal
Recognizing the need for flexibility in accessing the P2P Merchant Portal, we’ve now made it accessible via mobile web. Manage your P2P activities easily from any device! The portal is also more easily found in the Binance app: just go to Trade > P2P tab > Profile > Others - Merchant Portal. This update provides P2P merchants with a seamless mobile experience.
P2P Featured Ads
We’re enhancing the P2P experience. Now, selected P2P featured ads can be pinned at the top of the marketplace. This new feature benefits both P2P users and advertisers in specific fiat regions. Users can easily find high-quality ads, while advertisers get increased exposure and traffic for their ads.
Video Upload in P2P Order Chat
To make P2P transactions smoother and more secure, users can now upload videos in the P2P Chat. This is especially useful for sharing payment proofs and verification, adding a new level of convenience and security to the P2P trading process.
Streamlining Your Financial Transactions
We’ve rolled out several updates to our deposit and withdrawal processes to make managing your funds as efficient as possible. These improvements aim to provide more flexibility, clarity, and convenience, ensuring that your transactions on Binance are both secure and user-friendly.
Crypto Withdrawals: Spot and Funding Wallets
We’ve upgraded the crypto withdrawal process so that users can now choose both spot and funding wallets. This enhancement streamlines the process, allowing for quicker and more convenient fund management.
We now also display the 24-hour withdrawal limit based on the currently withdrawn coin. This makes it easier for you to understand your remaining withdrawal capacity, adding clarity to your financial planning on the platform.
New Confirmation Step on Crypto Deposit Page
To enhance the security of your deposits, we’ve introduced a new confirmation step. When you click ‘Apply new address’ for a deposit, a pop-up window will now ask for your confirmation. This additional step is designed to minimize errors and streamline your deposit process.
Chat Entrance in Deposit & Withdraw History
For added convenience and support, we’ve included a Chat entrance on the Deposit & Withdraw history details page. This feature allows you to quickly find assistance and address any questions you might have regarding your deposit or withdrawal history.
Intuitive Dashboards for Enhanced Trading
We’re dedicated to making your interaction with Binance as intuitive and efficient as possible. That’s why we’ve revamped our dashboards, focusing on clarity and ease of use. Dive into our newly designed interfaces that make navigating market trends, managing assets, and executing transactions simpler and more personalized than ever before.
Dashboard Revamp
Our dashboard has undergone a major overhaul to make the UI simpler and more focused on ‘me’-related information such as Open Order and Square. We’ve optimized the layout to highlight important information while reducing clutter, offering a more personalized and efficient browsing experience.
Simplified Market and Assets Interfaces
We’ve simplified your Market and Assets dashboards to reduce visual complexity. By focusing on essential information, this new design helps you easily track market trends and make informed decisions without the distraction of unnecessary elements.
Optimized Pro Overview/Spot/Funding Wallet Page
Enhancements here include:
- Extending the asset line chart to 360 days for a comprehensive view.
- Changing ‘Hide asset=0’ to ‘Hide assets < 1 USD’ for a cleaner overview.
- Collapsing unused functions to streamline the interface.
- Full name search support in the wallet coin list for easier navigation.
- Overall UI optimizations for a clearer layout and more efficient coin searching.
Spot & Funding Wallet Page Revamp
The UI of the Spot & Funding Wallet Page has been simplified, removing redundant interactions and folding the action buttons of the currency list. This makes the page more concise, allowing you to focus on the core information without unnecessary distractions.
Other Releases
In addition to the major updates we’ve covered, here’s a quick roundup of some of our other releases from November:
User Interface and Trading Tools
Sidebar Integration: Unified page for all user-related information for streamlined navigation.
Internal Transfer Page Optimization: Enhanced layout for easy fund transfers between spot and funding wallet balances.
Security Settings Integration: ‘Security’ settings now easily accessible within the ‘Account Info’ page.
Deposit and Withdrawal Details with CS Bot: Direct access to CS bot assistance on detail pages.
Kline Enhancements: Improved coin information display and multi-chart view shortcuts on the Kline page.
P2P and Wallet Features
Lite Version - P2P New User Coach: Guided assistance for new P2P traders.
Cashlink Mint/Burn Process for P2P: Enhanced liquidity management tools for fiat merchants in P2P.
Revoke Messages in P2P Chat Room: Feature for NZD order users to retract accidentally sent messages.
Wallet History Enhancements: Note information included in transfer records for improved transaction clarity.
Copy Trading Enhancements
Copy Trading - Support API Trading for Lead Traders: API trading now available for lead traders in Copy Trading.
Copy Trading - Privacy Options for Lead Traders: New feature enabling lead traders to hide their positions from public view.
Add Copy Trading on Market Discover: Streamlined access to copy trading through the Market Discover page.
Futures Trading Enhancements
Futures Price Alert: Real-time alerts for futures prices to enhance market awareness.
Futures - New BBO Order Type: Introducing Best-Bid-Offer order type for optimal pricing in Futures trading.
Futures - Clearer Fee Info on Position History: Detailed transaction and funding fee display for a transparent view of real PNL.
Futures Grid (USDS-M) - Flexibility Upgrade: Selection between cross margin and isolated margin modes for flexible fund management.
Futures Grid Bot - History Download: Downloadable history for a comprehensive overview of Futures Grid bot performance.
Futures - One-Stop Derivative Data Info Page: A consolidated page for all Futures-related data, including market, trading, and contract details.
Options Trading Enhancements
Options T-Shaped Quote: Symmetrical quote layout in App’s Pro mode for easy comparison of put vs. call market data.
Options Heat Map: Visual tool for quickly assessing the most traded options across various strikes and expiration dates.
These updates demonstrate our dedication to enhancing your experience on Binance. We appreciate your feedback and look forward to continuing our journey together!
Reflecting on Our Progress
The updates and enhancements we’ve shared here are just a glimpse of the many improvements made in November. Each of these developments, from the user-friendly P2P transaction features, the streamlined deposits and withdrawals process, and the refined dashboards, reflects our ongoing commitment to you, our valued community.
We are constantly listening, adapting, and evolving to meet your needs, and to simplify your experience on Binance. Our journey together is often shaped by your feedback, and we’re grateful for the opportunity to grow and improve, step by step, in our shared mission to expand the freedom of money. We look forward to continuing this journey with you, building a platform that both meets and anticipates your needs in the ever-evolving world of cryptocurrency.
