Skip to content
Crypto News Focus logo CNF_CRYPTO_NEWS_FOCUS_LOGO 8

Crypto News Focus

your day to day crypto news site

Primary Menu
  • Home
  • News
    • Bitcoin News
    • Ripple XRP news
    • Ethereum News
    • Cardano News
    • Shiba Inu News
    • Pi Network News
    • More
  • Analysis
  • PR Desk
  • About Us
  • General Policy & Privacy
  • Guides
    • Bitcoin Guides
    • Pi Network Guide
    • Cardano Guide
  • Politics
  • Tech
  • Home
  • News
  • Binance’s BNB New Feature: Your Guide to Token Unlocking and Vesting
  • News

Binance’s BNB New Feature: Your Guide to Token Unlocking and Vesting

Dennis Gatheca 12 September 2024
binance phone
  • Binance has launched a new ‘token unlock and vesting schedule’ feature to enhance transparency and accessibility for its global users by providing detailed tokenomics data.
  • This feature, available on Binance’s website and soon on its mobile app, offers users insights into circulating supply, locked tokens, unlock dates, and countdowns, supporting informed investment decisions.

Binance, a leading player in the cryptocurrency exchange industry, is making headlines once again with its latest feature aimed at revolutionizing how users interact with tokenomics. On September 12, 2024, Binance announced the launch of a new ‘token unlock and vesting schedule’ feature. This move is part of the company’s strategy to stay ahead in an increasingly competitive market and to provide added value to its extensive user base.

Understanding Tokenomics and What’s New on Binance

Tokenomics, a blend of ‘token’ and ‘economics,’ involves the study of cryptocurrency tokens and their economic aspects, such as value, stability, supply, and distribution. Binance’s new feature simplifies the complexity of tokenomics, offering users streamlined access to critical data. With this update, users can now view essential metrics like circulating supply, the ratios of locked versus unlocked tokens, upcoming unlock dates, and a countdown timer for each token directly on Binance’s platform.

This new functionality, now available on Binance’s website and soon to be rolled out on its mobile app, is designed to enhance trading experiences by providing clear and accessible token information. Binance has collaborated with CoinMarketCap, a prominent cryptocurrency price tracking platform, to integrate this feature seamlessly into their interface.

Why This Feature Matters

The introduction of the token unlock and vesting schedule feature marks a significant advancement in how cryptocurrency exchanges provide transparency and predictability to their users. Token unlocking and vesting involve the gradual release of tokens into the market over a specified period, offering investors and traders clearer insights into future market dynamics.

Vishal Sacheendran, Binance’s Head of Regional Markets, emphasized the importance of this feature, stating, “Our Token Unlock and Vesting Schedule is a first for any crypto exchange. It’s a highly intuitive feature that equips our users with additional information to enhance their experience on the platform.”

Aligning with the DYOR Philosophy

This initiative supports the longstanding advice from crypto analysts to DYOR (Do Your Own Research). With over 2.4 million cryptocurrencies in circulation, thorough research is crucial for making informed investment decisions. Binance’s new feature empowers users with more detailed information, enabling better decision-making and fostering a more transparent trading environment.

As Binance continues to innovate, the introduction of this feature underscores its commitment to enhancing user experience and providing valuable tools for navigating the complex world of cryptocurrency.

Continue Reading

Previous: Will Dogecoin’s DOGE Long-Term Investors Finally See Rewards?
Next: Bitcoin BTC Slips to $57K Amidst Market Uncertainty and Political Shifts

Related Stories

SUi
  • Analysis

Sui Faces Sell-Off Risk After SEC Postpones ETF Approval

Cal Evans 5 June 2025
XRP IMAGE
  • Analysis

XRP’s Role as a Strategic Hedge in a Tech-Focused Portfolio

Dennis Gatheca 5 June 2025
Bitcoin Price chart in the background
  • Analysis

Bitcoin Drops Below $105K as Crypto Market Sinks Over 3%

Sean Williams 5 June 2025

For general inquiries, please email us at Info@cryptonewsfocus.com

Crypto news focus is your day-to-day crypto news site. Get all the latest News and trends in the crypto, blockchain, and DeFi space. For more info and inquiries, reach out via email at info@cryptonewsfocus.com

You may have missed

vECHAIN ON A HILL AT NIGHT
  • Analysis

VeChain Launches Renaissance Update to Revolutionize Its Blockchain

Sean Williams 5 June 2025
SUi
  • Analysis

Sui Faces Sell-Off Risk After SEC Postpones ETF Approval

Cal Evans 5 June 2025
XRP IMAGE
  • Analysis

XRP’s Role as a Strategic Hedge in a Tech-Focused Portfolio

Dennis Gatheca 5 June 2025
Bitcoin Price chart in the background
  • Analysis

Bitcoin Drops Below $105K as Crypto Market Sinks Over 3%

Sean Williams 5 June 2025

Social Media

Crypto News Focus © All rights reserved | MoreNews by AF themes.
Go to mobile version
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok