Binance has launched Binance Alpha 2.0, a significant upgrade that seamlessly integrates the Alpha platform into the Binance Exchange.
This update simplifies decentralized trading by enabling users to purchase Alpha tokens directly on-chain without transferring funds to external wallets.
With Alpha 2.0, Binance users can purchase Alpha tokens directly through Binance Pay using their Funding and Spot accounts. Previously, Alpha tokens were only accessible via the Binance Wallet, which required additional steps for fund transfers. By removing these steps, the update enhances access to early-stage digital assets, reduces transaction costs, and bolsters security.
Binance emphasized that Alpha will remain available in the Binance Wallet while seamlessly integrating into the Binance Exchange for a more convenient trading experience. A dedicated “Alpha” tab has been added to the “Markets” section to support this transition further, making locating and trading Alpha tokens easy. Each token page features real-time charts, project details, and trading options, offering users a comprehensive trading experience.
The launch of Alpha 2.0 follows Binance’s recent introduction of a community co-governance system for token listings and delistings on March 7. This new system allows users to vote on which projects are listed on the exchange, with Binance pre-selecting candidates. Tokens that receive the most votes will be listed following thorough due diligence checks. At the same time, projects that fail to provide regular updates, show a lack of active development, or engage in questionable activities will be placed in Binance’s “monitoring zone.” In this zone, the community can decide whether to delist them, promoting transparency and user participation in the platform’s governance.
Notably, Binance has recently introduced a six-month zero-fee swap promotion for users of its Binance Wallet, allowing eligible users to swap tokens without trading fees through integrated features. This offer excludes transactions via third-party decentralized applications (dApps). To qualify, users must have backed-up keyless addresses, highlighting Binance’s focus on security and user convenience.
If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
