Today, Binance, the world's leading cryptocurrency exchange, made a number of important announcements, including the launch of the CR7 ForeverZone Collection NFT collection, the extension of the Self-Trade Prevention (STP) function to all users, and support for the REI Network (REI) network upgrade and hard fork.
CR7 ForeverZone Collection
Binance announced the launch of the CR7 ForeverZone Collection, a new NFT collection in collaboration with football legend Cristiano Ronaldo. The collection will feature a variety of unique NFTs, including digital collectibles, game items, and exclusive experiences.
To celebrate the launch of the CR7 ForeverZone Collection, Binance is giving away free ForeverZone Boxes to users who complete certain tasks, such as trading or staking BNB. Users can also earn additional rewards by participating in the CR7 ForeverZone Collection trading competition.
Self-Trade Prevention Function Extended
Binance also announced that it is extending the Self-Trade Prevention (STP) function to all users. The STP function helps to prevent users from placing self-trades, which can lead to market manipulation.
The STP function will be enabled for all users on October 13, 2023. Users who have the STP function enabled will not be able to place self-trades on any Binance Spot or Margin trading pairs.
REI Network (REI) Network Upgrade and Hard Fork
Binance announced that it will support the REI Network (REI) network upgrade and hard fork. The hard fork is scheduled to take place on October 13, 2023 at 12:00 AM UTC.
During the hard fork, REI deposits and withdrawals will be suspended on Binance. Binance will resume REI trading and deposits and withdrawals once the hard fork is complete and the network has been stabilized.
Other Announcements
In addition to the announcements listed above, Binance also made a number of other announcements today, including:
Binance Futures will update the leverage and margin tiers of multiple USDS-M perpetual contracts.
Binance Convert adds NTRN.
Binance to extend the monitoring tag to include BETA, BOND, WTC, and XEM.
New Dual Investment Products Launched.
Binance Loans (Flexible Rate) will close all BUSD loan and collateral positions at 2023-10-25.
Binance Options expands options writing access eligibility.
Conclusion
Binance is one of the most active cryptocurrency exchanges in the world, and it is constantly making new announcements and adding new features. Binance's latest announcements show that the exchange is committed to innovation and providing its users with the best possible experience.
Realtime Info
As of 9:21 AM PST on October 12, 2023, the following is the latest information on Binance:
Binance Coin (BNB) is trading at $214.80, down 2.23% in the past 24 hours.
Bitcoin (BTC) is trading at $18,500, down 1.5% in the past 24 hours.
Ethereum (ETH) is trading at $1,300, down 2% in the past 24 hours.
The total trading volume on Binance in the past 24 hours is $24 billion.
Please note that this information is subject to change in real time.