Binance is expanding its reach and utility by integrating Valve (VANA) across multiple services, giving users multiple options to interact with the token on its platform.
Binance Expands Valve Ecosystem (VANA) to Future Platforms
Starting December 16, 2024, 14:30, VANA will be available for subscription under Binance Simple Earn Flexible Products, allowing users to earn rewards by keeping VANA in their accounts.
Binance Margin
Margin Trading: VANA will be introduced as a new lending asset in both Cross Collateral and Marginal Collateral with the VANA/USDT pair. This feature will be available on December 16, 2024 at 17:00.
VIP Access: Binance VIP 7 – VIP 9 users will get early access to the VANA loan via Cross Margin approximately 30 minutes before general availability.
Risk Advisory: Binance reminds users that new tokens may indicate high volatility and urges investors to implement robust risk management strategies.
Binance Futures
Perpetual Contracts: Binance Futures offers USDⓈ Margined VANA Perpetual Contract with up to 75x leverage starting at 16:30 on 16 December 2024.
This comprehensive presentation reinforces Binance's commitment to supporting Valve (VANA) as a versatile asset within its ecosystem. For up-to-date details on collateral assets, trading limits, and collateral ratios, users are encouraged to visit Binance's official platform resources.
* This is not investment advice.