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Home»Exchanges»Bitcoin Exchange Binance Announced That It Listed This Name-Changed Project on Its Margin Trading Platform!
Exchanges

Bitcoin Exchange Binance Announced That It Listed This Name-Changed Project on Its Margin Trading Platform!

NBTCBy NBTC17/01/2025No Comments2 Mins Read
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Binance has announced plans to integrate Sonic (S) into its ecosystem, allowing users to interact with the token via Simple Earn, “Buy Crypto,” Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures.

Binance Announces Sonic (S) Integration on Multiple Platforms

The services are planned to start on January 16, 2025 and be rolled out gradually.

Basic Integration Details

Simple Earnings

  • Flexible and Locked Products: Sonic (S) will be available for subscription on Binance Simple Earn starting at 11:00 AM on January 16, 2025.
  • Locked Product Details: Subscription details for Locked Products will be as per the stated conditions of the platform.

Automatic Investment

  • Starting January 17, 2025, 13:00 UTC, users can purchase S via Binance Auto-Invest using supported payment options.

Buy & Sell Crypto

  • Users can purchase S with VISA, MasterCard, Google Pay, and Apple Pay, or use their wallet balance for transactions on the “Buy Crypto” page.
  • These features will be available within an hour of S being listed on Binance Spot.

Binance Conversion

  • Sonic (S) will be available to trade with zero fees against BTC, USDT, and other tokens on Binance Convert starting one hour after the token is listed on Binance Spot.

Margin Trading

  • Binance will add Sonic (S) as a borrowable asset on Cross and Isolated Margin, which includes S/USDT and S/USDC trading pairs.
  • Margin trading for S will go live on January 16, 2025 at 11:00 AM.
  • Special Access for VIP Users: Binance VIP 7 – VIP 9 users can borrow approximately 30 minutes before it becomes available for regular margin trading.

*This is not investment advice.

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