Binance launches Stop-Limit function

Binance exchange added Stop-Limit functionin order to let users buy assets without constantly watching market movements
12 December 2017   1731

On November 20, Binance, a cryptocurrency exchange based in Tokyo, has made an announcement stating that a function of Stop-Limit was implemented. Basically, it means that a stop-limit order will be executed at a certain and potentially better price, after a given stop price has been reached. When the stop price is reached, the stop-limit order becomes a limit order to buy or sell at the limit price or better.

To show an Example: The last traded price of BNB is 0.000165 BTC, and the resistance is around 0.000169 BTC. If you think that the price will go higher after the price reaches the resistance, you can put a Stop-Limit order to automatically buy more BNB at the price of 0.000170 BTC.
 

Binance official statement

Previously, we have reported that the chinese exchange Binance announced adding Monaco tokens to the platform in August 2017, and it announced support for Zcash and NEO in November 2017.

Trust Wallet to Add BTC & Bech32 Support

At the moment, this option is available to users of iOS devices, support for Android will be added in the next 2-3 weeks
10 December 2018   116

Binance owned and ERC-20 standard tokens oriented Trust Wallet, announced the start of Bitcoin support (BTC).

As stated in the company's blog post, Trust Wallet has become compatible with the SegWit protocol, allowing to send and receive funds to Bech32 native addresses (bc1).

At the moment, this option is available to users of iOS devices, support for Android will be added in the next 2-3 weeks.

Earlier Trust Wallet announced the start of support for TRON (TRX) tokens. The wallet also supports GoChain (GO), POA Network (POA), Ethereum Classic (ETC), Wanchain (WAN) and VeChain (VET).

Recall Binance announced the purchase of Trust Wallet in July this year. The wallet is expected to become part of the upcoming release of the decentralized trading platform Binance.