Binance is enhancing the trading experience with First-in-Market Token Unlock and a vesting schedule.
Integration of CoinMarketCap data into Binance allows users “to conveniently view token unlock schedule and make more informed decisions.”
Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume, has introduced the first-in-market Token Unlock and Vesting Schedule feature for a crypto exchange.
Binance has integrated CoinMarketCap data directly, “enabling users to conveniently view each token’s unlocking and vesting schedule information without having to leave the Binance platform.”
Token unlocking and vesting refers “to the planned supply of a specific volume of tokens over a predefined period onto the open market.”
This provides predictability and transparency for market participants. Token unlocking is a key component of ‘tokenomics,’ which is the economic analysis of cryptocurrency projects and tokens.
Binance is enhancing the user experience “by making more accessible material information that can help users make informed decisions and optimise their trading strategies.”
Binance will display each token’s circulating supply, “its unlocked and locked quantities and percentages, the next upcoming scheduled unlock and a countdown timer.”
The feature will be first available “on the Binance website and will be introduced on the Binance app progressively.”
Binance’s first-in-market Token Unlock and Vesting Schedule feature integrates CoinMarketCap data “to display each token’s circulating supply, its unlocked and locked quantities and percentages, the next upcoming scheduled unlock and a countdown timer.”
As noted in the update, Binance is a global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users.
Binance is trusted by “more than 200 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features.”
Binance is devoted to building an “inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means.”
