LayerZero (ZRO) Introduced by Binance on Various Platforms, Including Futures and Margin Trading

Binance Introduces LayerZero (ZRO) to Multiple Platforms, Including Futures and Margin

Exciting news for crypto investors! Binance, the leading cryptocurrency exchange, has recently announced the addition of LayerZero (ZRO) to various trading and investment platforms, including Simple Earn, Buy Crypto, Convert, Margin, and Futures. This strategic move by Binance is aimed at expanding its ecosystem and providing users with a wider range of investment options.

LayerZero on Binance Platforms

Starting from June 24, 2024, users can now purchase ZRO using any of the payment options supported on Binance Auto-Invest. This seamless integration enables users to easily add ZRO to their investment portfolios.

Buy & Sell Crypto

With the new addition of ZRO, users can purchase it directly using credit/debit cards, Google Pay, Apple Pay, or exchange it with their available wallet balances on the “Buy Crypto” page. This integration provides a hassle-free experience for users looking to invest in LayerZero.

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Binance Convert now supports trading ZRO against BTC, USDT, and other tokens with zero fees. This feature is specifically designed to offer traders flexibility and cost-efficiency.

Margin Trading

Binance Margin now supports ZRO as a new borrowable asset on both Cross and Isolated Margin, with the ZRO/USDT pair available. This feature went live on June 20, 2024, at 14:00 (UTC). Users can find the most updated information on marginable assets, limits, collateral ratios, and rates on the Margin Data section.

Futures Trading

Binance Futures has introduced the USDⓈ-M ZRO Perpetual Contract on June 20, 2024, at 14:30 (UTC), offering up to 50x leverage. The funding rate at launch is set at +2.00% / -2.00%, with the funding fee settlement occurring every four hours. Users are advised to review Binance’s Terms of Use and the Binance Futures Service Agreement for complete details.

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This comprehensive integration of LayerZero (ZRO) across various Binance platforms is expected to enhance user engagement and provide diverse investment opportunities. Stay tuned for more updates and detailed information on the official Binance announcement.

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