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This Week at Binance: Oct 15—22

2021-10-22

In today’s edition of This Week at Binance (Oct 15—22, 2021): We completed our 17th BNB burn and CZ shared his quarterly update, Binance NFT now supports deposits and withdrawals and we shared Binance P2P’s growth over the past two years.

Fellow Binancians,

Bitcoin, Bitcoin and more Bitcoin. The digital asset reached a record high of 66k following the launch of the first-ever Bitcoin Futures ETF on the New York Stock Exchange. So...have your grandparents started asking what this darn cryptocurrency thing is about?

Weekly Market Recap

This week we saw the total crypto market cap increase around 7.5%, from ~$2.41T on Oct 15, 2021 to ~$2.59T at the time of writing. 

Bitcoin (BTC) traded above 66k for the first time in history, following the launch of a Bitcoin Futures ETF. It currently trades at ~$63,554 as of writing. 

During the same period, Ethereum reached a weekly high of ~$4,366 on Oct, 21. At the time of writing, Ethereum trades at ~$4,152.

1. 17th BNB Burn Completed

Hey Binancians, CZ here! Today we completed our quarterly burn, removing 1,335,888 BNB, approximately $639,462,868 USD from circulation. In our latest BNB burn report, you’ll find my quarterly updates, highlights and insights on crypto regulation and our progress so far. 

Read my full quarterly report

2. Binance NFT is Now Multi-Chain

We’re thrilled to announce users can now easily transfer NFTs to and from BNB Chain (former BSC) and Ethereum (ETH) networks.

Read the full announcement for multi-chain support

3. Two Years of Binance P2P 

We recently shared two reports, including the numbers and product updates, detailing Binance P2P’s journey to becoming the number one peer-to-peer crypto platform for users all over the world.

Read the facts, figures and statistics or catch up with our product updates over the past two years.

What’s Ticking On The Exchange

New listings this week:

  • Lazio Fan Token (LAZIO): The Lazio Fan Token is a BEP-20 utility token designed to revolutionize the fan experience for all S.S. Lazio supporters. 

  • Tranches (CHESS): Tranchess is a yield-enhancing asset tracker with varied risk-return solutions on BNB Chain. CHESS is the governance token of the protocol and can be used for voting on governance proposals. 

New trading pairs:

  • October 22, 2021: FTM/AUD, FTM/BRL and SCRT/BUSD. (Read more)

This Week’s Activities:

  • Liquid Swap Trading Competition. All users who trade in Liquidity Pools will stand a chance to share $20,000 in BNB tokens. Activity ends Oct 29. (Read more)

  • Refer your friends, win up to $15,000 BNB. Verify your account and start referring friends and get BNB rewards. Activity ends Nov 1. (Read more

  • Africa airdrop carnival. Complete the tasks, including account verification, for a chance to take home your share of $15,000 in crypto rewards. Activity ends Oct 31. (Read more)

  • Trading carnival NEAR you. Share up to $100,000 in NEAR rewards. Activity ends Oct 27. (Read more)

Learn crypto and take home your share of:

  • $100,000 in FUN. Activity ends Oct 28. (Read more)

Staking Special:

  • Stake your PNT. Enjoy up to 45.79% APY for 10, 30, 60, or 90 days. (Read more)

  • Stake your ARPA. Enjoy up to 21.25% APY for 10, 30, 60 or 90 days. (Read more)

  • Stake your EGLD. Enjoy up to 55.49% APY for 10,30,60 or 90 days. (Read more)

Other Bits to Consider

  • Buy FTM and LAZIO Tokens with Credit/Debit Card. New fiat currencies available for FTM token purchase: AUD, BRL, EUR, GBP. New fiat currencies available for LAZIO token purchase: AUD, EUR, GBP, RUB, TRY, USD. (Read more)

  • Binance NFT now supports withdrawals and deposits. Users can now easily transfer their NFTs to and from BNB Chain and Ethereum (ETH) networks. (Read more)

  • 63rd Phase of Dual Investment. Subscribe to the 63rd phase of Dual Investment products and enjoy a significantly higher interest rate. (Read more)

  • Binance NFT launches Jimmy Choo NFT collection. Win a limited-edition hand-painted pair of sneakrs from the JIMMY CHOO / ERIC HAZE CURATED BY POGGY collaboration. (Read more)

  • Binance NFT launches Associated Press Premium NFT collection. The collection will feature historic news over the past 100 Years. (Read more)

Level Up Your Crypto Game (With Academy Articles) 

  • Binance Lite 101. Get a full beginner’s guide to Binance Lite, our simplified version of the Binance app. (Read more)

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