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Binance Expands Cryptocurrency Options with Renzo Integration

Apr 30, 2024

Binance, a well-known cryptocurrency exchange, has expanded its services by adding Renzo (REZ) to various segments of its platform. This integration includes Binance Simple Earn, Binance Convert, and direct crypto purchases. Additionally, Binance now offers margin and futures trading for REZ, enhancing the trading functionalities for users.

Renzo Updates on Binance

The addition of REZ to Binance’s Margin and Futures trading platforms is scheduled for April 30, 2024, at 17:00 Turkey time. REZ will also be included in Binance Auto-Invest by May 2, 2024, at 13:00 Turkey time, for automated investments.

Engaging with REZ on Binance

Users can now subscribe to REZ through Binance Simple Earn, earning rewards on their holdings. Starting May 2, 2024, REZ purchases can be made via Binance Auto-Invest using various payment methods, enabling systematic investment plans.

REZ Futures Trading Details

Binance introduces a USDⓈ-M REZ perpetual contract in its futures market with trading up to 50x leverage, effective immediately at 17:00 Turkey time. At the time of this announcement, REZ is trading at $0.19 with a market capitalization of $224 million.

Key Points for Binance Users

  • REZ integrated into Binance’s margin and futures trading.
  • Automated investments through Binance Auto-Invest from May 2, 2024.
  • New futures trading options with high leverage opportunities.

These updates reflect Binance’s commitment to offering diverse trading and investment options, providing users with increased flexibility in the evolving crypto market.

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