Binance has announced the launching of many new and improved features throughout its product suite in the months of September and October. Binance is the global blockchain ecosystem powering the biggest cryptocurrency exchange by trading volume. These changes are a part of Binance’s larger objective to provide the greatest platform user experience.
Every product and service offered by Binance is designed with accessibility, ease of use, and a clear display of information in mind. In keeping with this goal, the Binance product team spent two months going over and evaluating thousands of direct user-submitted product proposals via its Feature Request & Feedback Board. The exchange have verified 649 of these proposals with the product team. These recommendations provided Binance with insightful information as it moves forward to launch the next generation of products, which are centered on the demands of users.
Important improvements and changes carried out in September and October 2023 consist of:
Enhanced User Dashboards: With the new primary dashboard style, users can now access all the crucial account information in one convenient location. With new features that make order execution, performance monitoring, and personalization much simpler, Binance Futures Leaderboard 5.0 is also already available.
Improvements for Trading Bots: Users may get an advantage in the market by using of modern technology. To assist customers in making automated trading choices, Binance has expanded its trading bot capabilities to include a more comprehensive analysis, a margin controls option, and an overview of candlestick charts.
Funding Fee History Improvements: For a more thorough overview of their copy trading account, copy traders may now check their funding charges directly on their copy trading overview page.
Improvements to the Futures Trading Process: To make PNL (profit and loss) analysis easier for users, two additional graphs have been included. The Asset Growth graph displays the user’s balance over time as a line graph, while the Asset Summary graph displays all of the user’s assets as a pie chart. Additionally, users have the ability to conduct Good-till-Date (GTD) orders, which enable them to choose an expiry date and duration for an order’s continued functionality.
In addition to the major improvements mentioned above, Binance has updated many other parts of its product suite for the website and mobile app. All of these changes show Binance’s unwavering dedication to leading the way in new product development and infrastructure development for the blockchain and digital asset sectors. This is driven by its goal of enhancing financial independence.
In a Binance Blog article published last month, Binance’s Founder and CEO Changpeng Zhao (CZ) stated:
“Although we’ve grown a lot from our early days, I’ve never looked at Binance as a finished product. We’re continuously refining our suite of features and products based on our observations of where we see the industry might be going, and based on [users’] experiences and needs as well. Our philosophy of user-driven innovation and change is what propels us and our industry forward.”
Binance intends to introduce and roll out more enhanced services for its consumers in the next weeks and months. Keep an eye out for the weekly #BinanceBuild updates on the company’s official social media platforms for the most recent changes to Binance’s product suite. The Binance Blog will also provide monthly summaries of #BinanceBuild.
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