Binance Integrates BounceBit (BB) into Multiple Services

Binance Expands Crypto Offerings with BounceBit Integration

In a big transfer to broaden its cryptocurrency choices, Binance has built-in BounceBit (BB) into a number of of its companies. The world cryptocurrency change and blockchain platform introduced that BounceBit has been added to Binance Simple Earn, Buy Crypto, Binance Convert, Binance Margin, Binance Futures, and Binance Auto-Invest.

Expanded Access to BounceBit

From 2024-05-15 at 10:00 (UTC), customers will be capable to buy BB utilizing any of the fee choices supported on Binance Auto-Invest. This integration permits customers to purchase BB straight with their credit score/debit playing cards, Google Pay, Apple Pay, or purchase and promote BB straight with their out there pockets balances on the “Buy Crypto” web page. Furthermore, customers can commerce BB towards BTC, USDT, and every other tokens supported by Binance Convert at zero charges.

New Borrowable Asset on Binance Margin

Binance Margin has added BB as a brand new borrowable asset on Cross and Isolated Margin. The BB/USDT pair on Cross and Isolated Margin might be out there from 2024-05-13 12:30 (UTC). Users are suggested to seek advice from Margin Data for an inventory of probably the most up to date marginable belongings and additional data on particular limits, collateral ratio, and charges.

Binance Futures Launches BB Perpetual Contract

Binance Futures will launch the USDⓈ-M BB Perpetual Contract at 2024-05-13 12:30 (UTC), providing as much as 50x leverage. However, the utmost funding fee of the BBUSDT Perpetual Contract on the time of launch is +2.00% / -2.00%, with the funding payment settlement frequency being each 4 hours. Users ought to be aware that the BBUSDT Perpetual Contract is topic to the Binance Terms of Use and the Binance Futures Service Agreement.

Binance’s growth of its cryptocurrency choices with BounceBit integration is a big transfer that exhibits the platform’s ongoing dedication to broadening its companies for customers worldwide. However, customers are reminded that digital asset costs are topic to excessive market danger and worth volatility, and they need to solely put money into merchandise they’re accustomed to and the place they perceive the dangers.

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