I'm a lover of innovation, and that's exactly what Binance is doing. So I love Binance!
I'm an avid user of Binance because of the quality and calibre of coins that they list on their exchange. And they continue to update this their platform with great features that make it a lot more fun to make money on their service.
With that in mind, here are a few of the best upgrades to Binance in the past few weeks.
1. They have added fiat support with SEPA
For all our European friends out there, you can now make transactions in fiat through a SEPA integration on the Binance platform. It's a really great addition, as Binance didn't support anything fiat when they first started out.
2. Options trading
I explained this one in my post yesterday. The Binance app, as well as the website has added bitcoin options trading to their list of trading services. You can check out my post from yesterday to know what it's about and how it works.
Binance was also one of the pioneer exchanges to list Bitcoin futures trading, so being one of the first to list options trading is great!
They have also added a few upgrades to their mobile apps, which make trading on the go a whole lot better.
3. Customisable indicators
Previously in the Binance app, you could use indicators, but these indicators couldn't be customised. Well, we can now customise the settings on Bollinger bands, RSI and all the moving averages. They have also added the KDJ indicator, which I don't really use, but is a great indicator nonetheless.
5. Fiat deposits and withdrawals in app
This is a great addition to the app. Previously, you could only carry out fiat withdrawals from the website. Well you can now make fiat withdrawals from within the mobile app. This is great for when you need money on the go.
The supported currencies include USD, ZAR, NGN, KSH, RUB, CAD and a few others.
6. You can now see your orders in the order book!
This is a pretty minor upgrade, but if you place an order for a coin and your order is big enough to show up on level 2, you can now see a small yellow arrow on the price you set, indicating that your order is there. It's a really neat feature, and one I wish was implemented a while ago.
Well, that's it for the upgrades to Binance and the Binance app. Thanks for reading.