Binance has rebranded Binance Feed to Binance Square, a move aimed at facilitating the free exchange of crypto-related content and ideas. To celebrate the launch, the cryptocurrency exchange is offering a reward of 10,000 USDT to its users, according to the announcement made today (Thursday).

Binance explained that Binance Square is where crypto enthusiasts can gather, share their insights, and stay up-to-date with the latest trends in the Web3 space. Formerly known as Binance Feed, the new platform aims to become a go-to social platform for those keen on all things crypto and Web3.

A Hub for Crypto Enthusiasts

In addition, Binance Square offers a diverse selection of content sourced from renowned crypto experts, enthusiasts, and trusted media outlets. It also allows users to personalize their content.

To celebrate the launch of Binance Square, Binance is offering an incentive to its users. Beginning from October 12, 2023, at 11:00 (UTC) to October 19, 2023, at 23:59 (UTC), all KYC-verified Binance's users have been invited to participate in various tasks to qualify for a share of a reward of 10,000 USDT. The reward per qualified participant is capped at 10 USDT in token vouchers.

#Binance Square (formally Binance Feed) is a public ‘square’ for the crypto community to interact with each other and discuss all things crypto.

Join in to share insights, earn rewards, follow trends, and much more!

Start here ⤵️

— Binance (@binance) October 12, 2023

The company said: "Through Binance Square, all users may freely create and share crypto-related content, discover the latest trending news, and connect with like-minded individuals. To mark this milestone, all users can complete specific tasks on Binance Square during the Activity Period, and qualify for a share of 10,000 USDT in token vouchers."

Binance's CEO, Changpeng Zhao, posted content on this new social media platform, which is based on the official Binance website. Binance Feed, once primarily an exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, is anticipated to become a hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term for crypto enthusiasts to engage in meaningful discussions and connect with like-minded individuals.

Binance Adds More Trading Features

Recently, Binance introduced copy trading for its futures products in selected markets. This feature enables users to follow and replicate the trading portfolios and strategies of seasoned traders, revolutionizing the way people engage with cryptocurrency trading. The copy trading features allow users to act both as lead traders and copy traders.

Copy trading is now live on #Binance.

You can replicate the trades of some of the best traders on our platform.

Try it here: https://t.co/fLjyikYl4z pic.twitter.com/eHuWKplmBV

— CZ 🔶 Binance (@cz_binance) October 9, 2023

Rachel Conlan, the Chief Marketing Officer at Binance, emphasized the platform's commitment to improving financial access and helping users gain greater control over their finances through copy trading. She said that the launch of the new feature is a response to the growing demand from new users who wish to learn from experienced traders and engage with the crypto community.