Earn, save and discover the Middle East’s most popular features
Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume, reveals the most popular features in the Middle East – earn, save and spot.
Binance and Global CEO Changpeng Zhao hosted the first-ever virtual super meet in the MENA region, Binance said the three features allow users to trade and save cryptocurrencies, where earners can deposit and earn every Daily rewards, either with flexible terms or lock-in terms. Spot trading provides a simple investment and trading method, which is very popular among users.
The conference also featured other speakers from the Binance leadership team, including Richard Teng, Head of EMEA, Gleb Kostarev, Head of Asia, and Mayur Kamat, Head of Product.
During the conference, it was announced that Binance has been introducing new innovations and features to the Binance ecosystem. This means that people can expect to see various upcoming features soon. Mayur Kamat, Head of Product, said: “The first quarter of this year was a busy one for Binance, with hundreds of small tweaks and new feature introductions. We rolled out features like Binance Tax and user feedback tools, and made some Small improvements that make everyday life easier for users. These tools provide a new way for people to suggest new features that we should continue to build for our community.”
As part of the Super Conference product discussion, Kamat presented the upcoming “Strategy Trading” in the Mena region. Additionally, he reminded people that Binance has launched a new tool for users to share their feedback. Since its launch, Binance has received hundreds of feedback. The next phase of the project has just been released and product managers will be responding to the feedback they receive on the platform.
One of Binance.com’s particularly popular products in the region is Binance Pay, which has grown 2-4x since its launch. Binance Pay has recently upgraded the Send Cash function, you can now easily access Binance P2P through Binance Pay’s Send Cash function, trade digital assets with other counterparties, and receive cash in your bank account or e-wallet.
Using your balance in Spot or Funding Wallet, you can now send cash directly to family and friends. Binance Pay’s Send Cash feature lets you send fiat currency to your recipients using cryptocurrencies via bank or e-wallet transfers. Sending money directly to friends and family is now possible using personal crypto assets. The new Send Cash feature on Binance Pay allows sending from one’s cryptocurrency balance, and the recipient will receive fiat currency in their bank account.
Giving back through philanthropy and community support is a commitment that resonates strongly with Binance’s values. From March 22nd to April 4th, Binance is running different activities, rewards and community activities every day for 14 consecutive days. On one of these days, Binance will ask its global users to donate cryptocurrencies to those in need through one of its Binance Charity programs. In the spirit of giving, their community will share in rewards totaling over $500,000. This Ramadan is dedicated to #ExchangeWithKindness. — trade arab news agency