Binance, the cryptocurrency exchange, has made several updates regarding the newly listed cryptocurrency Renzo (REZ). Binance announced that REZ can now be found in the “Binance Simple Earn,” “Buy Crypto,” and “Binance Convert” sections. Furthermore, Binance revealed that margin and futures trading for REZ are now available. Let’s dive into the specifics.
Binance recently shared some exciting news about Renzo (REZ). The cryptocurrency will be added to Binance Margin and Binance Futures on April 30, 2024, at 17:00 Turkey time. Additionally, it will be included in Binance Auto-Invest on May 2, 2024, at 13:00 Turkey time.
For users interested in REZ, Binance offers the option to subscribe to REZ Flexible Products through Binance Simple Earn. Furthermore, starting from May 2, 2024, at 13:00 Turkey time, users can conveniently purchase REZ using any supported payment options on Binance Auto-Invest.
In addition to these updates, Binance will be launching the USDⓈ-M REZ perpetual contract in its futures market today at 17:00 Turkey time. Traders will have the opportunity to utilize leverage up to 50x. At the time of writing this article, the market price for REZ stands at $0.19, with a market cap of $224 million.
It’s important to note that the information provided in this article should not be considered as investment advice. Investors should exercise caution when dealing with cryptocurrencies due to their high volatility and inherent risks. Conducting thorough research is crucial before making any investment decisions.