Binance, the popular cryptocurrency exchange, has recently made some exciting updates regarding the newly listed digital asset Renzo (REZ). Binance has announced that REZ can now be found in the “Binance Simple Earn,” “Buy Crypto,” and “Binance Convert” sections. In addition, Binance is introducing margin and futures trading for REZ. Let’s delve into the details.
Binance has revealed a series of announcements concerning Renzo (REZ). The exchange will add REZ to Binance Margin and Binance Futures on April 30, 2024, at 17:00 Turkey time. Furthermore, REZ will be available on Binance Auto-Invest starting from May 2, 2024, at 13:00 Turkey time.
For those interested in earning from REZ, Binance now offers the option to subscribe to REZ Flexible Products through Binance Simple Earn. Moreover, starting from May 2, 2024, at 13:00 Turkey time, users can conveniently purchase REZ using any supported payment options available on Binance Auto-Invest.
Excitingly, Binance is launching the USDⓈ-M REZ perpetual contract in its futures market today at 17:00 Turkey time. This contract will provide traders with leverage of up to 50x. At the time of writing, REZ is currently trading at $0.19, boasting a market cap of $224 million.
It is important to note that the information provided in this article should not be considered as investment advice. Investors must be aware that cryptocurrencies are highly volatile and carry inherent risks. It is advisable to conduct thorough research before making any investment decisions.