Binance, a leading cryptocurrency exchange, has announced the integration of Thena (THE) across various services, including Binance Simple Earn, Buy Crypto, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures. This move aims to provide users with greater accessibility and trading flexibility for the token.
Integration Timeline and Details
1. Binance Simple Earn
- Launch Date: November 27, 2024, at 10:00 UTC
- Details: Users can subscribe to THE Flexible Products, enabling them to earn rewards while retaining liquidity.
2. Auto-Invest
- Launch Date: November 28, 2024, at 10:00 UTC
- Details: Users can automate THE purchases using supported payment options through the Auto-Invest platform.
3. Buy & Sell Crypto
- Availability: Within one hour of THE’s spot listing
- Details: Users can buy THE using VISA, MasterCard, Google Pay, Apple Pay, or trade THE using wallet balances on the Buy Crypto page.
4. Binance Convert
- Availability: Within one hour of THE’s spot listing
- Details: Users can trade THE against BTC, USDT, and other tokens with zero fees on Binance Convert.
5. Binance Margin
- Launch Date: November 27, 2024, at 12:00 UTC
- Details: THE will be added as a borrowable asset on Cross and Isolated Margin. The THE/USDT trading pair will also be available on both platforms.
6. Binance Futures
- Launch Date: November 27, 2024, at 12:15 UTC
- Details: Binance Futures will introduce a USDⓈ-M THE Perpetual Contract with up to 75x leverage. The funding fee settlement frequency will be every four hours, with an initial maximum funding rate of +2.00% / -2.00%.
Important Notes
- Detailed margin limits, collateral ratios, and rates for THE on Binance Margin will be available on the Margin Data page.
- Users should be aware of risks associated with leveraged trading and market volatility.
This comprehensive support for Thena (THE) across Binance’s ecosystem underscores the exchange’s commitment to expanding token accessibility and providing diverse trading and earning opportunities for its users.
