Main topics of the post:

  • In July and August 2024, our Binance teams reviewed and processed 5,636 product and feature ideas submitted by our user community via the Feature Request and Feedback Board.

  • We have seen a very diverse selection of feedback and requests across our product line, including but not limited to Binance Square and Lending, along with ongoing refinements and fine-tuning of the user interface.

  • We have a lot to share about what we’ve been building over the past two months, and we’re highlighting some of these updates in a fully animated version of our recap on our official X and Facebook channels.

This is a general announcement. The products and services mentioned here may not be available in your region.

Welcome to the July and August 2024 edition of our #BinanceBuild recap — your gateway to discovering the latest enhancements within the Binance ecosystem. While major feature updates are at the heart of our advancements, nuanced improvements inspired by your invaluable suggestions on our Feature Requests and Feedback Board are equally significant in shaping our growth. Let’s dive in.

Enriching Your Social Interactions: Binance Square Updates

Our users and communities have been instrumental to our growth since day one. That’s why we engage with the global community on a daily basis, always staying in tune with their needs. A key platform for this engagement is Binance Square.

Since its launch in October 2022, Square has quickly become a leading social platform for crypto enthusiasts. With over 30 million monthly active users and 800,000 content creators, the platform offers diverse content in 26 languages, fostering global discussions on the latest Web3 trends.

Here are two recent updates we’ve introduced to the platform, designed to enhance your social experience.

Video uploads

We’ve launched video content support, now accessible to all KYC-verified creators on Binance Square. Upload and share creative videos, from daily crypto updates and trading strategies to how-to guides. Connect with other crypto enthusiasts and enrich the Binance community with your valuable insights.

Binance Square Audio Live: Real-time Crypto Talks

Audio Live is an impressive upgrade designed for real-time, interactive conversations. Whether you’re listening to expert insights or participating in live Q&A sessions, Audio Live supports up to 10 speakers simultaneously and offers session recording capabilities.

To introduce this new feature, we have organized a chat with our CEO, Richard Teng, on August 28, 2024, providing an excellent opportunity for you to experience Audio Live and Binance Square first-hand.

Refined interfaces for effortless navigation

We continually refine our website and app navigation to make complex systems intuitive and easy to use. By reducing the learning curve, minimizing errors, and increasing efficiency, we eliminate clutter from the user interface, allowing you to focus on your goals. A simplified interface ensures faster, more confident decision-making.

Binance Loans Integration

Support for Binance Loans has been integrated into the wallet overview page to provide a more accurate view of your assets on Binance. Outstanding loans are now counted towards your total asset calculation and appear as a negative balance in the account tab. By tapping “Loan” in the “Account” tab, you can easily access the loan page to view and manage your obligations.

Other notable features released in July and August

  • WhatsApp OTP: We've expanded our multi-factor authentication (MFA) support to include WhatsApp for users in seven additional countries: Cameroon, Egypt, Kenya, Malaysia, Rwanda, Ukraine, Vietnam.

  • Spot Copy Trading API: We have introduced API support for Spot Copy Trading, enabling leading traders to manage their portfolios using their custom software for greater efficiency.

Further reading

Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down as well as up and you may not get back the amount you invested. You are solely responsible for your investment decisions and Binance is not liable for any losses. Past performance is not a reliable indicator of future performance. You should understand the risks involved and only invest in products you are familiar with. You should carefully consider your investment experience, financial situation, investment objectives, risk tolerance, and consult your independent financial advisor before making any investment. This material should not be construed as financial advice. For more information, please refer to our Terms of Use and Risk Disclosure.