BINANCE

Binance Monthly Review, Nov 2021: Evolving The Industry

In November 2021, we launched your 10 basic rights as a crypto consumer, launched our 100M EUR initiative in France, began Incubation Program Season 3 and opened the Futures Grand Tournament registration. 

Fellow Binancians,

This month we transition into full-blown winter. November’s crypto tales ranged from groundbreaking, El Salvador’s “Bitcoin City” announcement, to gloomy, crypto buying and selling hamster Mr. Goxx’s unlucky passing.

November Market Recap: New ATH

November marked a record-breaking bumpy month for cryptocurrencies as the overall crypto market cap hit 2.97T earlier than reducing round 11% to ~$2.6T on the time of writing.

Bitcoin (BTC) hit a brand new all-time excessive price at ~$68,521 on Nov 10, 2021, earlier than bumping up and down between the $50K and $60K price vary. It at present trades at ~$56,841.

Ethereum (ETH) additionally broke its all-time excessive on Nov 10, 2021, briefly buying and selling above $4850. After bouncing off a month-to-month low of ~$4,000, Ethereum is close to its all-time excessive. At the time of writing, Ethereum at present trades at ~$4,584.

The Big Story: Unlocking Crypto & Blockchain

1. 10 Fundamental Rights

To welcome the following billion customers, Binance is working with regulators and policymakers worldwide to determine an acceptable framework that protects customers with out limiting progress and innovation. Crypto consumer or not, these are your rights in the way forward for world finance.

Read your rights

2. Going to the Moon

Hey everybody, CZ right here! I not too long ago introduced the launch of Objective Moon, a 100M EUR initiative for 3 essential crypto and blockchain developments in France, together with the Binance Research and Development hub, a Decentralized Ledger Technology (DLT) accelerator and a brand new expertise growth program.

Learn more about Objective Moon

3. Incubation Program Season 3

Binance Labs, the enterprise capital arm and incubator of Binance, has began Season 3 of the Incubation Program. The eight-week journey has begun for 9 incubation tasks throughout completely different industries, from gaming and NFTs to DeFi and extra. 

Meet this season’s incubation projects

Futures Grand Tournament: Discover 1.8M BUSD in Prizes

Futures Grand Tournament is open for registration! Take half in a world crypto occasion alongside crypto merchants, fans, newbies and extra. 

Register Now

Since its inception, Binance NFT has turn into the premier hub for high blockchain and crypto gaming tasks around the globe. In addition to that includes high gaming tasks, learn the way Binance NFT is working to convey the Metaverse from science fiction to actuality.

Find out more 

What’s Ticking on The Exchange?

New listings this month:

  • Vulcan Forged (PYR): Vulcan Forged is a recreation studio devoted to NFT video games constructed on Ethereum and Polygon. 

  • Render (RNDR): The Render Network is a supplier of decentralized GPU-based rendering options for the metaverse.

  • Alechemix (ALCX): Alchemix is a DeFi protocol that enables for the creation of artificial tokens that characterize the long run yield of a deposit.

  • Merit Circle (MC): Merit Circle is a decentralized autonomous group (DAO) that invests in play-to-earn video games and makes use of the DAO’s NFT belongings by lending to gamers.

  • BENQI (QI): QI is the governance token for BENQI, a lending and borrowing protocol constructed on Avalanche. 

  • FC PORTO Fan Token (PORTO): The FC Porto Fan Token (PORTO) is a local BEP-20 utility token designed to revolutionize the fan expertise for all FC Porto supporters. 

  • Ethereum Name Service (ENS): The Ethereum Name Service is a distributed, open, and extensible naming system based mostly on the Ethereum blockchain. 

  • Manchester City Fan Token (CITY): Manchester City Fan Token (CITY) is a utility token that provides Manchester City Football Club followers a tokenized share of affect on membership choices.

  • Moonriver (MNR): Moonriver is an EVM-compatible blockchain that operates as a parachain on the Kusama community. 

  • Rari Governance Token (RGT): Rari Capital is a DeFi protocol that enables customers to borrow, lend and earn yields on crypto belongings. 

  • JasmyCoin (JASMY):  Jasmy is an information market challenge the place customers are in a position to promote their information generated from the Internet of Things (IoT) gadgets to varied companies. 

  • Amp (AMP): AMP is the native collateral token within the Flexa fee community. Flexa is a cryptocurrency fee community that makes it simpler for retailers to simply accept crypto funds.

  • PlayDapp (PLA): PlayDapp is a blockchain gaming platform specializing in interoperable blockchain video games that permit customers to make the most of NFTs and in-game gadgets throughout completely different recreation titles.

New buying and selling pairs: 

  • December 2, 2021: BEL/TRY, COCOS/BUSD, DENT/TRY, ENJ/TRY, NEO/RUB, SAND/AUD and SLP/BIDR (Read more)

  • November 22, 2021: GALA/ETH and VGX/USDT Trading Pairs (Read more)

  • November 19, 2021: AVAX/ETH, CHR/ETH, FIS/BIDR, FIS/TRY, LRC/TRY and SLP/TRY (Read more)

  • November 17, 2021: POWR/BUSD and POWR/USDT (Read more)

  • November 12, 2021: ANKR/BUSD, DOT/ETH, KP3R/USDT, MANA/BRL, MATIC/ETH, SAND/ETH, SAND/TRY and STORJ/BUSD (Read more)

  • November 12, 2021: ANKR/BUSD, DOT/ETH, KP3R/USDT, MANA/BRL, MATIC/ETH, SAND/ETH, SAND/TRY and STORJ/BUSD (Read more)

  • November 5, 2021: ALGO/RUB, AUD/USDC, LAZIO/BUSD, LUNA/BIDR, MANA/TRY, OXT/BUSD and SHIB/UAH (Read more)

This Month’s Ongoing Activities:

  • Trade DOT and win DOT. Don’t miss out on $12,000 in DOT prizes. (Read more)

  • Refer pals, win thriller containers. Each thriller field incorporates as much as $500 in crypto prizes. (Read more

  • Learn and commerce RAMP. Take house your share of $150,000 in RAMP prizes. (Read more)

  • Let’s get verified! Complete enterprise verification, open a futures account and win a $1,000 USDT cashback voucher. (Read more)

  • Win a lot DOGE or Tesla. CZ is giving freely a customized DOGE Tesla and $50,000 in DOGE on Twitter. (Read more)

  • Learn and commerce BIFI. Take house your share of $140,000 in BIFI prizes. (Read more

  • Binance Futures commerce and win. Share a $2,400 BUSD reward pool! (Read more)

Other News Beyond The Exchange

  • Buy SANTOS with credit score/debit card. Users can now buy ADX, AGIX, AKRO, ALPHA, ANT, AR, AUDIO and SANTOS with main fiat currencies utilizing credit score/debit playing cards. (Read more)

  • Binance NFT launches Return of Legends S2. The NFT assortment will function buying and selling playing cards from three soccer legends, Alessandro Del Piero, Christian Vieri, and Gabriel Batistuta. (Read more)

  • Become a Merchant VIP on Binance P2P. Starting December 1, eligible retailers who meet the necessities can take pleasure in VIP perks, together with decrease charges, unique items and extra! (Read more)

  • Become a Litecoin Miner on Binance. Try our newly-launched Litecoin Mining Pool and luxuriate in zero pool charges for the primary month. (Read more)

Highlights By The Week

Week 1 Highlights 

  • FC Porto now out there on Fan Token. (Read more)

  • ‘Time to Heal’ Collection feat. Djimon Hansou and LÁOLÚ. (Read more)

Week 2 Highlights

Week 3 Highlights

  • Binance Thank You Week, feat. 175K in prizes and extra. (Read more)

  • Earn crypto rewards on autopilot with Auto-Invest. (Read more)

  • Introducing Swap Farming on Liquid Swap. (Read more)

4 Blockchain and Crypto Projects in the Metaverse

Level Up Your Crypto Game (With Academy Articles) 

  • Know your metaverse tasks. Here are 4 blockchain and crypto tasks to get you began within the metaverse. (Read more)

  • What is Smooth Love Potions (SLP)? Learn all in regards to the cryptocurrency that powers the hit recreation Axie Infinity. 

Follow Binance on Twitter or Facebook for the newest information and updates.

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