updatealert

#Binance has announced that the tick size (minimum price movement) for several USDⓈ-M Perpetual Futures contracts will be adjusted on December 8, 2025 at 07:00 UTC.
These updates aim to improve market liquidity and provide a smoother trading experience for all futures traders.
🔧 Affected Trading Pairs
PTB/USDT
ZRC/USDT
CC/USDT
SAGA/USDT
NIL/USDT
YGG/USDT
RVN/USDT
HOLO/USDT
📌 What is Tick Size?
Tick size is the smallest possible change in the price of an asset.
For example:
A tick size of 0.001 means the price can only move in steps of 0.001
A tick size of 0.01 means the price moves in steps of 0.01
After the adjustment, these pairs will follow a new price step format depending on Binance’s update.
⚠️ Key Points to Know
Existing USDⓈ-M Futures trading will not be affected.
API tick size will also update — API traders must check /fapi/v1/exchangeInfo for the latest values.
Existing orders will keep using the old tick size.
New orders placed after the update will follow the new tick size.
Binance also mentions that translated versions may differ, so the English announcement is the most accurate.
🕒 Effective Time
December 8, 2025 — 07:00 UTC
#upcoming #UpdateAlert #crypto #NewsAboutCrypto

•Binance Junior is a new crypto-app and sub-account system for children and teenagers, launched by Binance in early December 2025.
•It is designed for young users aged 6–17 (or under 21 in regions where 21 is the local age of majority) giving families a “child-friendly” entry point into digital assets.
•Crucially, this is meant as a savings / educational tool, not a full trading account. The emphasis is on parental control, financial literacy, and long-term savings rather than speculative trading.
How Binance Junior Works Features & Mechanics
Here’s how the system works, and what parents / guardians can and cannot do:
•A Junior account is a sub-account linked to a parent’s (or guardian’s) main Binance account. The parent must be verified (KYC) and have 2-factor authentication enabled.
•Parents can deposit crypto into the Junior account via their main wallet or external wallets (on-chain transfer).
•In regions where it’s supported, the account can use a savings-like feature Flexible Simple Earn letting the funds earn interest/yield over time.
•Trading, derivatives, and uncontrolled transfers are disabled for Junior accounts: young users cannot trade crypto.
Transfers are strictly controlled:
•Users aged 13 and up (depending on regional regulations) may be allowed to initiate transfers.
•Even then, transfers are subject to daily limits.
•Transfers to non-parent adult accounts (i.e. external adult wallets) are restricted or blocked.
•Parents receive notifications for every transaction, and they can disable or delete the Junior account at any time.
•A parent’s single main account can manage multiple Junior sub-accounts (for multiple children).
In sum: Binance Junior acts like a custodial savings account for kids, giving them early exposure to crypto savings, but keeping real control and oversight with the parents/guardians.
Purpose & What Binance Says It’s For
Why did Binance create this? According to the company:
•Binance frames Junior as part of a broader “family finance initiative” helping families build crypto savings and wealth for future generations. It’s pitched as a way to prepare children for a financial world increasingly shaped by digital assets.
•They also aim to promote financial literacy and early exposure to digital finance in a controlled, safe environment for kids and teens.
•To help with this educational goal, Binance published a children-friendly book titled ABC's of Crypto explaining crypto basics (blockchain, coins, security etc.) in simple language.
•So Binance is positioning Junior not just as a financial product, but as a learning tool for the next generation.
Criticism, Debates & Potential Concerns
•While the idea sounds promising, the launch of Binance Junior has sparked some debate and raised serious questions. Some of the main criticisms are:
•Some view it as the first major exchange trying to directly target minors with crypto and that raises ethical and regulatory concerns.
•Critics worry that children or teens may not fully understand risks associated with crypto (volatility, security, regulatory uncertainty), and that early exposure could lead to unsafe habits.
•Social-media reactions have been mixed: some call it a “bold, forward-looking” move; others worry it’s cynical marketing aimed at building a future base of crypto users from a very young age.
•Availability remains limited: not all features will be usable in every country. Local laws, regulations, and compliance requirements will affect what’s allowed in a given jurisdiction.
•So while Binance Junior might offer a structured, safer entry into crypto for youth, the actual outcomes in terms of education, risk, and long-term impacts remain uncertain.
What This Means for Users (Especially Outside Major Markets — e.g. Pakistan)
•Given your location (Lahore, Pakistan), here are some thoughts and caveats:
•Binance Junior’s availability is “selective” for now. The company says rollout depends on local regulation and compliance.
•Even if available, features may be limited. For example: “Earn” features, transfers, or even the ability for minors to transact might be subject to local laws and restrictions.
•Given that crypto regulation is in flux in many countries and Pakistan has historically had a complicated relationship with crypto regulation there’s no guarantee that all functionalities of Junior will work as advertised.
•If parents are to use it, they should treat Junior more like a “digital piggy bank + educational tool” rather than a high-yield investment. Starting small, using stablecoins or major coins, and maintaining awareness of volatility would be wise.
What to Watch — Long-Term Implications & What Could Matter
•Financial education: Binance Junior could become a tool for teaching children about digital finance early similar to how parents teach kids savings in a bank. If used responsibly, that could help foster better financial literacy for the next generation.
•Regulation & compliance risk: As crypto regulators across the world are still catching up, products targeting minors could draw scrutiny. What’s legal and accepted today may be restricted tomorrow especially for under-18 users.
•Behavioral risk: There’s a risk that children introduced too early to crypto might see it as a “free playground.” Institutions, parents, and societies need to consider whether early exposure to speculative assets is healthy.
•Adoption strategy for Binance: From Binance’s perspective, Junior could be a strategic move building early brand loyalty, normalizing crypto as part of everyday finance, and gradually cementing crypto’s place in financial life. If successful, it could shape how future generations interact with money.
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