Binance has announced the addition of Lumia (LUMIA) to multiple services, expanding its availability across the Binance ecosystem. Below are the specific rollout schedules and features:
LUMIA Rollout Details
Earn
- LUMIA Simple Earn Flexible Products:
- Available for subscription starting October 18, 2024, at 09:00 (UTC).
- Auto-Invest Option:
- From October 21, 2024, at 10:00 (UTC), users will be able to purchase LUMIA via Auto-Invest using supported payment methods.
Buy & Sell Crypto
- Users will be able to buy LUMIA with VISA, MasterCard, Google Pay, and Apple Pay or use their Binance wallet balances on the “Buy Crypto” page.
- This feature will be live within one hour of LUMIA being listed on Binance Spot.
Convert
- Zero-fee Conversion:
- Trade LUMIA against BTC, USDT, and other tokens on Binance Convert within an hour of its spot listing.
Margin Trading
- LUMIA as a Borrowable Asset:
- Binance will list LUMIA on Cross and Isolated Margin, including the LUMIA/USDT pair, starting October 18, 2024, at 11:00 (UTC).
- For further details, users can refer to Margin Data for updated information on collateral ratios, limits, and interest rates.
With this integration, Binance aims to provide users with more ways to engage with LUMIA across earn products, crypto purchases, trading, and margin.
