Cryptocurrency exchange Binance has broadened its services by incorporating Bittensor (TAO) into its range of trading tools. This integration spans across several Binance platforms, including Earn, Convert, Margin, and Futures functionalities. The extension of support to TAO by Binance marks a significant step in the exchange’s offerings, providing users with additional options for earning and trading within the crypto ecosystem.
Binance Expands Trading Landscape with TAO
The integration process has started with the inclusion of Bittensor (TAO) in the Binance Simple Earn and Binance Convert services. The further schedule has been set for TAO’s introduction to Margin Trading on April 11, 2024, and to the Binance Automated Investment platform the following day. This strategic addition is aimed at enhancing investors’ experience and options within the platform.
Bittensor (TAO) Now Tradable with Zero Fees
In line with the integration, Binance now allows users to subscribe to TAO Flexible Products via Binance Simple Earn, starting from April 12, 2024. Moreover, TAO has been made available for trading against leading cryptocurrencies like BTC and USDT, with the added advantage of zero fees on Binance Convert. Additionally, TAO has joined the list of borrowable assets on Binance Margin, including its pairing with USDT for both Cross and Isolated Margin trading.
Helpful Points
- Binance’s integration of TAO enhances earning and trading options for users.
- Bittensor (TAO) is now part of Binance’s zero-fee trading pairs, boosting its accessibility.
- TAO’s availability on Binance Margin may influence its borrowing and lending dynamics.
This development signifies Binance’s ongoing efforts to diversify and enrich its cryptocurrency trading ecosystem. By adding TAO to its suite of services, Binance continues to cater to a wide range of investor preferences, thereby maintaining its position as a versatile and user-centric cryptocurrency exchange.