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In 2022, as crypto money markets were rocked by very serious crises, Binance continued its user-centric developments as the world’s largest cryptocurrency exchange. NFT, one of the application
In 2022, as crypto money markets were rocked by very serious crises, Binance continued its user-centric developments as the world’s largest cryptocurrency exchange. NFT, one of the application designs of the exchange, which is officially active in our country, has made significant developments in terms of security measures and in particular Web3.
Binance NFT reached 600 thousand weekly users last year. A marketplace where 2.5 million NFTs are listed it happened. In addition, any verified user was allowed to sell their works as NFT on this marketplace. Binance is moving beyond a regular trading experience with these innovations and will continue its decentralized finance (De-Fi) innovations this year as well.
Binance also showed last year that the user-centric perspective is central to its work. In this context, Binance Pay enabled users in 70 different markets to send fiat money with their crypto assets. “Trust Wallet” In addition to integration, the ability to add crypto balances from mobile devices was provided. The market section in the Binance application has also been given a structure that allows users to load funds onto their mobile phones and access DeFi services. In addition, Binance has primarily devoted its work this year to projects that simplify Web3 for a wide range of users with different levels of crypto experience and technology knowledge.
According to the National Eye Institute approx 300 million people have color vision. According to this report, Binance has found that the most common color distortions are shades of red and green, the two most important colors in a typical trading interface. Accordingly, Binance has replaced the red/green palette with a more sight-friendly blue/orange layout to make the trading interface available to everyone, and introduced a new color vision distortion palette.
Binance has updated its verification measures in 2022 to allow users to join the platform seamlessly and to comply with regulations in different regions. In nine new countries, the company has deployed its systems to government databases and databases, allowing users to verify their identity without uploading documents. with reliable service providers integrated.
In addition, Binance NFT, which launched in 2021, reached over 600 thousand weekly users, 2.5 million NFTs on the list and partnered with leading names in sports, music and entertainment. The company has also offered any verified user with at least two followers the opportunity to mine their artifacts on Binance NFT. So far, about 100,000 NFTs have been removed from these updates and these NFTs Over 40 million USDT trading volume made.
Not only does it provide a trading experience, Binance has a wide range of products that generate returns, including Staking. The company has also taken steps to simplify some of its most popular Binance Earn products by launching a crypto cashback program in this regard. It has also combined Binance locked staking products with various products on a platform called “Easy Earnings”. Established in 2021, Automated Investment is a low-risk crypto investment dollar cost average (DCA) Last year it was still one of the most popular investment products for those who prefer this approach.
We will continue to share the innovations about Binance with you, stay tuned.
Source: Web Tekno
Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.
