US EditionBinance Rolls Out $400M Program For Traders Hit By Friday's Downturn
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Following the recent sharp fall of the Bitcoin price and the crypto market last week, the giant Binance announced a plan of $400 million to relaunch crypto trading and restore confidence appeared first on TipsCrypto.com.
In addition to the $283 million distributed on Monday, Binance offers an additional $400 million to support crypto traders after the recent crash. A marketing blow or a desperate maneuver to restore investor confidence after the fiasco? The Binance article announces an additional $400 million for the traders affected by the crash appeared first on Cointribune.
Binance Launches $400 Million Relief Program To Aid Traders After Market Crash
Binance is rolling out a $400 million support initiative to aid users who suffered significant losses during a brutal market slide this past Friday. While the exchange clarifies it’s not accepting liability for every loss, it says the program aims to restore market confidence and support affected traders. Program Components: Vouchers + Loan Fund The […]
News to the Day and to the Hour Latest News of today To receive compensation, users have to have lost at least $50 dollars and the losses have to represent at least 30% of their total assets with date of last Thursday 09 October. The platform of exchange of cryptocurrencies Binance announced this Tuesday that it will allocate 300 million dollars to compensate some of the retail accounts that lost money on 10 and 11 October during the massive li…
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