#BinanceBuild Dec 2023: Feedback Roundup
Main Takeaways
During December 2023, our teams validated 165 suggestions submitted by Binance users via our Feature Request & Feedback Board.
This led to several key updates demonstrating our commitment to users, including enhanced community features in Binance Square, more efficient Binance Earn processes, and user-focused improvements to Launchpool.
Look out for weekly #BinanceBuild updates from our official social channels for the latest updates to Binance’s product suite. And remember: keep building!
Continuously striving to enhance the future of finance, the team at Binance is dedicated to innovation. Each new feature we release is a step toward greater usability — often inspired by the valuable feedback you provide through our Feature Request & Feedback Board.
Each month, we take your ideas and work to incorporate them, enhancing your experience. In this edition of #BinanceBuild, we present the latest updates, all reflecting our commitment to you, our users. Join us as we explore these new developments, because we believe in making crypto better for everyone.
Binance Square: Empowering Community Engagement
Binance Square has always been a cornerstone of our community engagement, and we’re thrilled to announce a series of updates to further enhance your experience. Let’s dive into the details of each of these exciting new features, all of which have been designed to make Binance Square more interactive, informative, and personalized
Reply With Pictures
They say a picture is worth a thousand words. That’s why we’ve introduced the ability to upload pictures when replying to, or participating in discussions under each post on Binance Square. Whether it’s sharing a relevant image, a screenshot of a trading strategy, or a meme that perfectly captures current market mood, your discussions on Binance Square are about to get more vibrant and engaging.
Market News and Community Discussions
We’ve integrated market news and community discussions right on the trading page to help you stay informed at all times on your favorite cryptocurrencies by navigating to the ‘Square’ tab of the relevant trading pair. In the ‘Community’ section, explore insights and opinions from key opinion leaders (KOLs) and fellow traders. This integration empowers you to engage in meaningful discussions and make informed trading decisions — all in one place.
Block Users to Limit Unwanted Interactions
Your experience on Binance Square should be comfortable and controlled. To enhance this, we’ve implemented a new block feature. This tool allows you to restrict specific accounts from engaging with you and viewing your content. It puts you in the driver’s seat of your interactions thereby ensuring that your experience is enjoyable and safe.
Binance Earn: Simplifying Your Experience
In an effort to enhance your Earn experience, we’re excited to roll out new updates for Binance Earn. These improvements focus on simplifying processes, integrating valuable functions, and maximizing your earning opportunities. Let’s explore how each of these updates transforms your earning experience on Binance.
Earn Homepage Revamp
Recognizing the importance of user experience, we’ve given the Binance Earn homepage a revamp, including a dedicated Earn navigation bar on each page, making it easier to access and explore the different products. The new layout is designed for clarity and simplicity, clearly differentiating between protected and high-risk products. This streamlined presentation ensures you can quickly find and understand the Earn options most suitable for your investment strategy.
ETH Staking: Landing Page Integration
Ethereum staking is now more streamlined with integrated staking and wrapping functions, allowing direct acquisition of Wrapped ETH (WBETH) in one step. We’ve also enhanced the redemption process for easy conversion of WBETH or BETH to ETH, simplifying your ETH staking experience with user-friendly page layouts.
BNB Staking with Launchpool Rewards
In a bid to offer more value to our users, when you now stake your BNB in Locked Simple Earn, you can simultaneously enjoy Launchpool rewards. This means when a launchpool project is live, there’s no need to redeem your BNB and then resubscribe to the launchpool product separately. By simply staking BNB, you can reap dual benefits: the standard BNB staking rewards plus additional rewards from Launchpool projects!
Launchpool: Streamlining Participation and Transparency
As part of our commitment to continually improve the user experience on Binance, we’re excited to introduce new updates to Launchpool. These enhancements are designed to simplify participation and increase transparency. Let’s take a closer look at how these updates are set to make your Launchpool experience more rewarding.
Simplifying the Launchpool Homescreen
Participating in Launchpool projects has just become more straightforward and user-friendly. We’ve revamped the Launchpool Mini-Program Page to offer a more intuitive user interface. Now, when you choose to participate in a single project, you can easily view all its staking pools on one page. This streamlined approach helps you quickly understand your options, making it easier than ever to get involved.
Launchpool Staking Position Display
Understanding your total staking position in a Launchpool project is crucial. To address this, we’ve enhanced the display of your Launchpool staking positions. This allows you to see all the BNB positions that count towards staking in a Launchpool project, with just a click on the (i) icon next to the BNB staking position on the detail page.
Moreover, we’ve improved the reward distribution mechanism. Rewards are now calculated hourly, compared to the previous daily distribution from the BNB Vault, and you can claim your accumulated rewards whenever you wish. This change ensures that you have a clear understanding of your investments and rewards.
General Updates: Focusing on User-Friendly Features
We’re excited to announce several general updates, including a focus on user interface improvements and additional functionalities. These updates are a direct response to your feedback, aiming to provide a more intuitive, informative, and efficient experience.
Market Page UI Revamp
We’re thrilled to unveil the newly revamped Market page, redesigned with the latest UI specifications. This update not only introduces a sleeker and more modern interface, but also significantly improves page loading speeds. The faster, more responsive design ensures that you can access market information quickly and seamlessly.
Spot Wallet Adds Coin Average Cost
In the Binance app (version 2.76), we’ve introduced a new feature for the Spot wallet: displaying coin average cost and today’s PNL (Profit and Loss). This update, tailored for mobile users, offers a quick snapshot of your investment performance.
Funding Wallet Adds Earn History
In the same updated version of the Binance app, the coin details page of your Funding Wallet now includes an Earn history section. This is especially useful for users who utilize their Funding Wallet balance to participate in various Earn programs, as it consolidates all necessary information in one place, and allows you to quickly check your earnings.
Other Releases
Alongside our major updates, December saw several other improvements focused on user interaction and convenience:
Wallet History Enhancements: Users can now view notes on each transfer record for better tracking, and the dust convert history now shows up to 100 records for a more detailed view.
Crypto Address Confirmation: A new confirmation pop-up has been added for obtaining new crypto addresses, reducing accidental changes.
Simplified Header Navigation: We’ve streamlined header entries making it easier to find essential information.
Header Mode Toggle: The dark/light mode switch is now back in the header for easier access, allowing users to customize their visual experience on the platform more conveniently.
Revamped Orders Page: The Orders page has been completely overhauled for greater clarity and consistency, improving user experience in locating and understanding order information.
Moving Forward Together
As we wrap up this edition of #BinanceBuild, the updates we’ve shared go beyond just monthly tweaks; they’re a sign of our commitment to improving your experience on our platform. From Binance Square’s dynamic changes to Binance Earn’s practical enhancements and Launchpool’s user-focused upgrades, each modification underscores our dedication to you — our community. Your feedback is essential in driving our evolution. United in our mission to expand the possibilities of digital finance, we’re excited to keep building products and services to suit your evolving needs in the ever-changing world of crypto.
Disclaimer
Products and services mentioned in this article may not be available in your region.
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.