Binance, the world’s largest cryptocurrency exchange by trading volume, hosted its first-ever virtual super meet-up in the MENA region with the participation of its Global CEO, Changpeng Zhao. During the session, Binance revealed the most loved features in the Middle East, including earn, savings and spot, which allow users to trade and save crypto. Binance also introduced new innovations and features to the ecosystem, with hundreds of small tweaks and introductions of new features launched in the first quarter of the year. Binance is always working on introducing new features to its ecosystem.
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Mayur Kamat, Head of Product at Binance, introduced ‘strategy trading’ as coming soon to the MENA region. He also reminded people that Binance has launched a new tool for users to share their feedback, which has received hundreds of feedback pieces since the launch. The next phase of this project has just been released, where product managers leave replies to the feedback they have been given on the platform.
Among the products that have been particularly popular on Binance.com in the region is Binance Pay, which has seen a 2-4 times growth since its launch. Binance Pay recently upgraded the Send Cash function, allowing users to easily access Binance P2P via Binance Pay’s Send Cash function to trade digital assets with other counterparties and receive cash in their bank account or e-wallet.
