Binance Weekly Report: Adding DeFi Tokens and Other Features

Binance Weekly Report: Adding DeFi Tokens and Other Features

Binance, the popular cryptocurrency exchange, has posted many updates and new features to their website; we will break them down below.

Binance, the largest and one of the most important cryptocurrency exchanges in the space, has released their weekly report highlighting all the improvements they have been working on, including the addition of multiple DeFi (decentralized finance) cryptocurrencies. Some of the DeFi projects that Binance has added are Curve (CRV), Just (JST), and yearn.finance (YFI), which will now allow to to trade for these different DeFi projects. Binance has also added other DeFi projects ands trading pairs to their platform, allowing for the continued growth of the DeFi space in a much more usable and accessible manner to Binance users.

Besides the addition of 5 new DeFi projects, Binance has also implemented other new features, such as Bitcoin-margined perpetual futures contracts, new options for staking cryptocurrencies on Binance’s website, a stablecoin savings product and token bonuses, amongst many other additions. Binance is also giving a sneak peak of what it has stored for its users in the future, such as staking BNB, Binance’s native cryptocurrency token to mitigate a portion of transaction fees

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