#BinanceAlphaAlert ๐Ÿš€ Major Product Launches

New Futures Contract: 1,000,000 BOB/USDT

Binance Futures has launched a USDโ“ˆ-margined perpetual contract for 1,000,000 BOB/USDT with up to 50x leverage. Trading began today at 08:30 UTC.

Spot Altcoin LiquidityBoost Program

Binance introduced the Spot Altcoin LiquidityBoost Program to enhance trading efficiency across select altcoin/USDT pairs. The initiative offers lower fees, tighter spreads, and bigger incentives for market makers.

Cudis (CUDIS) Token Generation Event (TGE)

Binance Wallet is hosting its 21st exclusive TGE featuring Cudis Wellness (CUDIS) in collaboration with PancakeSwap. The subscription window is open today from 08:00 to 10:00 UTC, requiring users to redeem Binance Alpha Points to participate.

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๐Ÿ“Š Market & Platform Updates

User Growth Milestone

Binance has surpassed 275 million users globally, adding 80 million new sign-ups in the past five months.

BNB Price Movement

BNB is currently trading at approximately $663.65, showing a slight increase of 0.00325% from the previous close.

Loanable Assets Expansion

Binance has added HAEDAL, HUMA, SOPH, A, and USD1 as loanable assets on Binance Loans, providing users with more options for collateral and borrowing.

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โš ๏ธ Compliance & Community Initiatives

Bot Activity Crackdown

Binance is addressing bot abuse in its Alpha Points early-access program after detecting coordinated bot farming activity. Measures are being implemented to restrict such activities.

Red Packet Event Launch

Binance has initiated a Red Packet Event combining trivia challenges with rewards to engage both new and experienced users in learning about cryptocurrency.