Binance announced the addition of Sonic (S) to its platform, making it accessible across Binance Simple Earn, "Buy Crypto," Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures. Here’s everything you need to know:
Key Launch Details
Earn:
Flexible Products and Locked Products for Sonic (S) are now available on Binance Simple Earn as of January 16, 2025, 08:00 UTC.
Locked Products details:
Duration | Standard APR | Min. Subscription | Max. Subscription |
---|---|---|---|
30 days | 1.2% | 1 S | 1,000,000 S |
60 days | 2.19% | 1 S | 500,000 S |
120 days | 3.0% | 1 S | 20,000 S |
From January 17, 2025, 10:00 UTC, users can purchase Sonic (S) using any payment option on Binance Auto-Invest.
Buy & Sell Crypto:
Users can buy Sonic (S) with Visa, MasterCard, Google Pay, Apple Pay, or wallet balances via the Buy Crypto page within an hour of its listing on Binance Spot.
Convert:
Trade Sonic (S) against BTC, USDT, and other tokens on Binance Convert with zero fees within an hour of the listing.
Margin:
Sonic (S) will be available as a borrowable asset on Cross and Isolated Margin with trading pairs S/USDT and S/USDC starting January 16, 2025, 11:00 UTC.
VIP 7 to VIP 9 users can borrow approximately 30 minutes before margin trading opens.