Binance cryptocurrency exchange has changed the calculation mechanism used to record the daily balance of BNB.
Daily $ BNB Balance Calculation Mechanism Update https://t.co/1fPIsZxo7A pic.twitter.com/V4GQr8cpUy
– Binance (@binance) August 1, 2019
Earlier snapshot was carried out every day at 03:00 (Moscow time). Now every hour, at random time, the average daily balance of BNB will be recorded, including funds on ordinary and marginal accounts, as well as subaccounts.
The calculation formula is as follows:
Total average daily balance BNB = average daily balance on the spot account + average daily balance on the margin account + average daily balance on subaccounts
New rules come into force today, August 2.
Updating the BNB balance calculation will affect the following aspects of the Binance ecosystem:
- calculating balances in BNB to participate in tokensale on the Launchpad IEO platform
- trading commission system
- referral program.
The exchange also announced the listing of the Contentos (COS) coin.
#Binance Will List @contentosio ( $ COS ) https://t.co/CXHohQsPNl pic.twitter.com/7h0OjSYhhO
– Binance (@binance) August 2, 2019
Trading in new assets in pairs with Bitcoin, BNB and USDT will start tomorrow, 3 August.
APDATE In addition, Binance opened the way for stacking STRATIS coins.
From August 3, users of the trading platform will be able to receive a Stratis (STRAT) storage award.
#Binance Will Support @stratisplatform ( $ STRAT ) Staking & Launch 50,000 STRAT Initial Staking Reward Airdrop https://t.co/LaeUEUtG8V
Users holding a $ 25,000 equivalent pool of money. pic.twitter.com/V4JohCM6dp
– Binance (@binance) August 2, 2019
Also on September 1, an Airdrop will be held, during which 50,000 STRAT (approximately $ 25,000 at the current exchange rate) will be proportionally distributed among the asset holders.
Earlier, BlockchainJournal reported that the Ukrainian crypto-exchange Kuna launched Binance Coin trading in hryvnia and ruble pairs.
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