I can simplify this announcement for you. To ensure I provide the most accurate and helpful simplification, I'd like to quickly confirm a couple of details.
Here's a simplified version of the Binance announcement:
Binance is adding a new cryptocurrency called Lagrange (LA) to several of its services.
What you need to know:
* When: Starting July 9, 2025, at 4:00 PM UTC.
* Where you can use LA:
* Binance Simple Earn: You can deposit LA to earn rewards.
* Bonus for BNB holders: If you hold BNB in Simple Earn, you might get free LA tokens through the "Binance HODLer Airdrops" program. This program rewards BNB holders based on how much BNB they've held over time.
* Buy Crypto: You'll be able to buy LA using various payment methods (Visa, Mastercard, Google Pay, Apple Pay, Revolut, or your account balance). This will be available about an hour after LA is listed for trading.
* Binance Convert: You can swap LA for other cryptocurrencies like BTC or USDT with no fees. This will also be available about an hour after LA is listed.
* Binance Margin: You can borrow LA for margin trading, which allows you to trade with borrowed funds. LA/USDT and LA/USDC trading pairs will be available.
* Important Note: New cryptocurrencies can be very volatile (their prices can change rapidly). Binance advises users to be careful and manage their risks when trading LA.
In short: Binance is making it easier to get and use Lagrange (LA) on its platform, including earning, buying, converting, and margin trading, starting today.
