#Binance #BinanceSquareFamily #P2P #BinanceWallet #UpdateAlert
🔄 P2P (Peer-to-Peer) Trading – Detailed Updates
1. Send Crypto via Binance Chat
Binance now allows users to send crypto directly through the Binance Chat feature.
This creates a smoother experience, similar to sending money through messaging apps like WhatsApp or Telegram.
You no longer need to switch between trading screens – just open the chat, click send, and complete the transaction.
2. Add Friends via Binance ID
You can now add people to your Binance Chat using their Binance ID, a unique identifier.
No need for phone numbers or QR codes – simply input the Binance ID and connect instantly.
This makes it easier to manage your trading network or frequently contacted P2P buyers/sellers.
3. Simplified Buying in P2P Express Mode
The Express mode in Binance P2P has been simplified for easier and faster use.
Just enter the amount of crypto you want to buy, and Binance will automatically match you with the best available offer.
No need to manually compare or select offers – ideal for beginners or users who prefer quick transactions.
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📈 Binance Futures – New Functionalities
4. “Close All Positions” Based on PnL
Futures traders can now close all open positions with a single click, based on their current profit and loss (PnL).
For example:
If you want to lock in profits across all trades, you can trigger this feature to exit every profitable position instantly.
Similarly, if your trades are in loss and you want to cut exposure, it works just as easily.
This improves efficiency for portfolio management and risk control.
5. Place Orders Using Initial Margin
Binance now lets users place futures orders based on the margin amount they are willing to use.
Example: Instead of selecting a quantity (like 0.5 BTC), you can say “I want to open a position with $100 as initial margin”.
This is helpful for traders who think in dollar terms and want more intuitive capital control.
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📊 Futures Copy Trading – Smart Enhancements
6. Lead Traders Can Use TWAP Strategy
Binance now supports TWAP (Time-Weighted Average Price) for Lead Traders in Copy Trading.
TWAP spreads a large trade over time to avoid slippage and minimize market impact.
It’s useful for executing large orders strategically, especially in volatile markets.
7. Copy Traders Can Set Maximum Entry Slippage
Followers (Copy Traders) can now customize the maximum slippage they are willing to accept when copying trades.
Slippage refers to the price difference between when the trade is placed and when it gets executed.
This gives followers greater control over trade accuracy, ensuring they don’t enter positions at a worse price than expected.
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✅ Final Thoughts
These updates show that Binance is continuing to:
Prioritize user convenience (through chat and Express features),
Enhance trading flexibility (margin-based orders, close-all by PnL),
And provide professional tools for both lead and copy traders (TWAP, slippage settings).