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This Week at Binance: Oct 1 — 8

2021-10-08

In today’s edition of This Week at Binance (Oct 1 - 8, 2021): We published a case study on BUSD, Binance NFT launched a superhero NFT collection and Binance Pay added support for four new cryptocurrencies.

Fellow Binancians,

Facebook and its family of apps recently went dark for several hours. Trust me, you weren’t the only ones panicking. Maybe the world could really use Web 3.0, the latest generation of internet applications and services powered by blockchain. In short, Web 3.0 is more open, smarter and autonomous. 

Weekly Market Recap

This week we saw the total crypto market cap increase around 16.8%, from ~$1.97T on Oct 1, 2021 to ~$2.3T at the time of writing. 

Bitcoin (BTC) rose to its highest price since May, trading at ~$55,526 on Oct 7, 2021. It currently trades at ~$54,514 as of writing. 

During the same period, Ethereum did not reach the $3.9k price tag from last month. At the time of writing, it trades at~$3,596.

1. BUSD: Stablecoin Compliance and Security.

BUSD has become the stablecoin of choice for millions of cryptocurrency users, with a variety of use cases and growing demand within the crypto market. Our recent case study showcases how BUSD has achieved this success by prioritizing user safety and compliance to strict regulatory standards.

Read our full case study on BUSD

2. Enter the Satoshiverse Now Available on Binance NFT

Enter the Satoshiverse is a blockchain-inspired superhero universe created by world-renowned comic book artist José Delbo. You may recognize his previous work on some of your favorite superheroes and comic book classics — Wonder Woman, Batman, Transformers, The Beatles Yellow Submarine comic book and much more. 

Check out the full collection on Binance NFT Marketplace

3. Make Everyday Payments in Crypto!

Binance Pay now supports more than 50 cryptocurrencies. Users can now shop with these newly added tokens—BIDR, DAI, TKO and XVG—at a variety of merchants available on the Binance Marketplace.

Check out what’s new on Binance Pay

What’s Ticking On The Exchange

New listings this week:

  • Radicle (RAD): Radicle is a decentralized code collaboration network built on open protocols. It enables developers to collaborate on code without relying on trusted intermediaries.

Innovation zone:

  • Adventure Gold (AGLD): Adventure Gold is the ERC-20 governance token of the Loot NFT project. Loot is a text-based randomized adventure gear that is generated and stored on-chain, and aims to be the foundation for future games built by the community. 

New trading pairs

  • October 8, 2021: HIVE/BUSD, SHIB/AUD, STPT/BUSD and UNI/AUD (Read more)

  • October 4, 2021: CVP/USDT, DENT/BUSD and FRONT/USDT (Read more)

This Week’s Activities:

Global Binance activities:

Try our latest Dual Investment promotion. Subscribe to any Dual Investment Down-and-Exercised products with a delivery date of Oct. 29 to win $10,000 BUSD. Activity ends Oct. 12 (Read more)

500 NFT Mystery Boxes up for grabs. Achieve higher trading volumes to win more mystery boxes. Activity ends Oct. 20 (Read more)

For the Margin traders. Trade or borrow on Margin and get interest-free margin trading vouchers. Activity ends Oct. 14 (Read more)

Regional Binance activities:

SEA Special: All eligible makers can enjoy a 50% discount off maker fees on all trading pairs on Binance P2P. Activity ends Oct. 10 (Read more)

APAC Special: Refer friends to sign up with your unique referral link! Once your friends deposit and trade at least $200 in BUSD, you’ll get a chance to win up to 100 BUSD and additional rewards, including a brand-new iPhone 13. (Read more)

Other Bits to Consider

  • Dual Investment 61st Phase. Subscribe to the 61st phase of Dual Investment products and enjoy a significantly higher interest rate. (Read more)

Level Up Your Crypto Game (With Academy Articles) 

  • Etherscan 101. In this article, you’ll learn some useful ways to navigate the Ethereum blockchain using Etherscan. (Read more)

Follow Binance on Twitter or Facebook for the latest news and updates.