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   699

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.

Binance System Update Complete

One of the largest cryptocurrency exchange reported that it's back online
09 February 2018   226

One of the most fast growing cryptocurrency exchange, Binance, reported on complitatio of its system update. 

Binance has completed its system upgrade and we expect all trading activity to resume at 10:00 AM (UTC).

In the 60 minutes prior to the commencement of trading, users will be able to cancel orders, process deposits, withdrawals, and use all other account related functions.

To show our gratitude for your unwavering support throughout the upgrade process, Binance will provide all users with a 70% discount on trading fees (0.03% on all trades, 0.015% with BNB) until 2018/02/24 00:00 AM (UTC).
 

Binance Team

These news are good for the Binance users, but they report on ongoing issues on the Twitter.

We hope that the Binance team will solve all issues ASAP and their users will be happy.