Binance, one of the world’s leading cryptocurrency exchanges, has announced the addition of Render (RENDER) to several platforms, including Binance Simple Earn, Buy Crypto, Convert, Margin, and Futures. According to Binance, the update will take effect on July 26, 2024.
Extended Trading Options
RENDER can now be purchased via a variety of payment methods, including credit and debit cards, Google Pay, and Apple Pay. Users can also buy and sell RENDER directly using their available wallet balance on the “Buy Crypto” page. Binance has also enabled trading RENDER against Bitcoin (BTC), Tether (USDT), and other supported tokens with zero fees on Binance Convert.
Margin and Futures Trading
Starting July 26, 2024, Binance Margin will list RENDER as a new borrowable asset on Cross and Separate Margin. Trading pairs such as RENDER/USDT and RENDER/USDC will also be available. Binance Futures will also launch USDⓈ-M RENDER perpetual contracts on the same day, offering up to 50x leverage. The maximum funding rate at launch will be +2.00% / -2.00%, and funding fees will be settled every 4 hours.
Investment Opportunities
Starting July 29, 2024, users will be able to purchase RENDER using any payment option supported by Binance Auto-Invest. This feature allows for automated periodic investments in RENDER, making it easier for users to dollar-cost-average their positions over time.
Guidelines and Risk Considerations
Binance has provided detailed guidance and relevant materials to help users explore new products. However, please note that digital asset prices are subject to high market risk and price volatility. Users are advised to carefully consider their investment experience, financial situation, investment objectives, and risk tolerance before making investment decisions. For more information, please refer to Binance’s Terms of Use and Risk Warning.
The strategic expansion of RENDER trading and investment options is expected to attract a wider user base and provide more flexibility to existing users. As Binance continues to diversify its products, we are committed to providing comprehensive and secure trading solutions to the global community.
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