Binance is enhancing the accessibility and utility of Vana (VANA) by integrating it into multiple services, offering users a variety of options to engage with the token across its platform. Here’s what to expect from the rollout:
Binance Simple Earn
- Flexible Products: Starting December 16, 2024, at 11:30 UTC, VANA will be available for subscription under Binance Simple Earn Flexible Products, allowing users to earn rewards by holding VANA in their accounts.
- Auto-Invest: From December 18, 2024, at 10:00 UTC, users can automatically purchase VANA using Binance Auto-Invest, streamlining their investment strategy with scheduled buys.
Buy Crypto
Users can purchase VANA using various payment options, including VISA, MasterCard, Google Pay, and Apple Pay, or directly buy and sell using wallet balances on Binance’s “Buy Crypto” page. These options will be available within one hour of VANA’s spot listing.
Binance Convert
Trading VANA against BTC, USDT, and other supported tokens will be available at zero fees on Binance Convert. This feature will also go live within an hour of VANA being listed on Binance Spot.
Binance Margin
- Margin Trading: VANA will be introduced as a new borrowable asset on both Cross Margin and Isolated Margin, along with the VANA/USDT pair. This feature launches on December 16, 2024, at 14:00 UTC.
- VIP Access: Binance VIP 7 to VIP 9 users will gain early access to borrow VANA on Cross Margin approximately 30 minutes before general availability.
- Risk Advisory: Binance reminds users that newly listed tokens can exhibit high volatility, urging traders to implement robust risk management strategies.
Binance Futures
- Perpetual Contracts: Binance Futures will introduce a USDⓈ-Margined VANA Perpetual Contract with leverage up to 75x starting December 16, 2024, at 13:30 UTC.
