Binance Implements New Features To Help Improve User Experience
cryptocurrency news

Binance Implements New Features To Help Improve User Experience

THELOGICALINDIAN - Despite the bazaar declivity Binances aggregation has artificial advanced to ensure that its consumers are accepting a abundant acquaintance application the exchange

Binance Supports Three EOS AirDrops

Airdrops accept historically been a bad-tempered accountable for cryptocurrency exchanges, as claiming airdrop tokens can generally crave exchanges to accord up some wallet security. As well, logistically ambience up the abutment for airdrops may not be account the time for some exchanges, as exchanges do not anon account from this process.

However, Binance has taken the action to abutment three airdrops from the afresh launched EOS mainnet, adorable abounding users in the process.

For the time being, Binance will alone be acknowledging the IQ, DAC and EON airdrops, three of the best notable projects launched on the EOS blockchain. EON withdrawals accept aloof opened, acceptance for users to move their airdropped EON to their claimed EOS wallets.

However, Some users took this advertisement the amiss way. A blog post fabricated it bright that abutment for these cryptocurrencies will alone abide of abandonment abutment and not trading, saying:

For trading and advertisement of these airdropped tokens on Binance, anniversary activity will go through the aforementioned austere advertisement analysis action as Binance does for any added coin/token. The absence position we accept is no listing.

Despite the misunderstanding, the advertisement was still able-bodied accustomed by the community, with abounding users giving their acknowledgment to Binance for accepting these airdrops. Airdrops about accommodate users with chargeless cryptocurrencies, which can arbor up amount quickly.

Binance has yet to accessible up withdrawals for EOS mainnet tokens, awe-inspiring because that EON badge withdrawals are now available. But it has become credible that the barter will abide to abutment the EOS mainnet, by always acknowledging airdrops launched in the future.

Community Coin Of The Month Is Back

Binance has announced that they will be reinstating the association bread of the month, which accustomed for users to vote and adduce coins/tokens they anticipate should be added to an all-embracing lineup.

It has been over 3 months back the aftermost association vote, so seeing this affection reimplemented has accustomed users addition acumen to use the already abundant exchange. The association vote has historically been a affair of absorption for the Binance community, with users advancing out en-masse to vote for their admired projects.

The cryptocurrency nominees for this ages are as follows:

Voting started about three canicule ago, with there actuality twos actual canicule for users to vote.

Users are appropriate to admit with 0.1 BNB in adjustment to accept a applicant for a abeyant listing. Once the voting ends on June 19th, votes will again be abounding on the bulk of BNB the aborigine owns. For example, a user with 100 tokens will accept a voting ability of 100, while a user with 10 tokens will accept 10% of the voting ability of 100 tokens. However, the absolute for the ‘Final Multiple’, as Binance brand to alarm it, will be 500 tokens, to ensure that accident of vote abetment is minimized.

Once the voting aeon has elapsed, Binance’s aggregation will verify that all votes are accepted afore advertisement the bread that was called by the community.

A blog column stated:

Upon achievement of the voting process, Binance will account the bread on our barter aural a reasonable time frame.

Having a advertisement on a ample barter can generally draw the eyes of abounding investors, and allows for an aberrant akin of acceptance for abounding abate altcoins. This is why communities and projects do their best to attain that coveted advertisement atom on exchanges like Binance.

Binance is one of the alone exchanges that has implemented a ‘community coin’ feature, cartoon a aggregation of users to casting their vote on the exchange. Some users of the barter accept said that the association vote is what keeps them advancing back, so it makes faculty why this affection was reimplemented.

Binance has always accurate itself to be one of the best reliable and acknowledged exchanges, with these contempo announcements alone convalescent association sentiment.

Featured Image from Shutterstock