Binance launches Live Trading service: will promote interactive education on cryptocurrencies.
Binance Square now allows users to follow live broadcast strategies and execute spot or futures trades within the broadcast interface. Verified creators earn up to 50% commission, share past trades, and join Binance's Live Trading Incubation Program. This move marks a shift from meme-driven hype to a platform-verified strategy, advancing SocialFi.
Binance has taken a bold step towards redefining the SocialFi experience by launching Live Trading on its social platform, Binance Square. The move allows users to follow live broadcast strategies from verified creators and execute real Spot or Futures trades directly within the broadcast.
With this launch, users can follow real-time live broadcasts from verified creators. They can also engage in spot trading or futures trading directly within the broadcast, removing the friction between learning and execution. This marks a significant advancement towards merging real-time content, education, and on-chain action into a single seamless interface:
“Live Trading is designed to make trading more accessible, interactive, and engaging… It is a natural evolution of Binance Square,” said Jeff Li, Head of Product at Binance, in a statement shared with BeInCrypto.
During live broadcasts, users can interact with pinned strategy cards that display vital trade information, such as the trading pair, order direction, and size. They can also execute trades without leaving the session. This combines entertainment, education, and financial action into a single user flow.
