Binance Coin BNB Price Chart Value Total Value

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Users can currently begin depositing ENJ and ICX to prepare for trading.
Please note: ENJ and also ICX are temporarily only readily available for down payments. Withdrawals will not be enabled until trading is real-t

The exchange additionally launched crypto financings on Aug. 28 in a quote to draw in customer deposits.
Initially, customers will certainly be able to lend their U.S. dollar-pegged USDT, ethereum standard (ETC) as well as Binance's BNB cryptocurrency in order to earn interest, payable from Aug. 29 to Sept. 11. Annualized rate of interest for the preliminary borrowing products with a 14-day fixed maturation term, has been evaluated 15 percent, 10 percent as well as 7 percent, for BNB, USDT, and also ETC, specifically.

Binance made headlines earlier this week with the enhancement of peer-to-peer payments from Alipay and also WeChat, two of one of the most preferred messaging apps in China. Only bitcoin-for-yuan trades are currently sustained.

The system will soon infect other cryptocurrencies as well, CZ proceeded:
"More considerably, this is not restricted to XRP currently. The exact same mechanism can be made use of to move other coins onto Binance Chain, where they can experience non-custodian trading that was not possible prior to."

In early July, Binance founder and also CEO Changpeng "CZ" Zhao disclosed that crypto futures were on the means, showcasing a trading interface with features consisting of longs and shorts on crypto possessions.

"All XRP issued on Binance Chain will certainly be backed 1:1 by indigenous XRP being in an openly disclosed address that can be kept track of by any person at all times," Binance CEO Changpeng Zhao (CZ) stated in a statement. "With no trading included, it is constantly 1:1, there is no spread, no slippage, no fees."

Listed as XRP-BF2, the XRP version is pegged one-to-one to XRP on Binance's primary exchange for immediate exchanging without slippage, the exchange said. Binance minteds 10 million XRP-BF2 for the DEX.