On October 10, 2024, Binance announced the launch of its new principal guaranteed earning coin, BNSOL, a strategic addition to its vast array of financial products. The offering will be available for subscription starting at 16:00 (Eastern Time Zone 8) on the announced date. This innovative coin is expected to attract significant interest, as it allows users to benefit from guaranteed earnings while using a diversified asset base.
Furthermore, within an hour of its launch on the Binance spot market, BNSOL will be exchangeable for major cryptocurrencies including BTC and USDT. This operation is set to eliminate transaction fees, enhancing user experience and encouraging trading activity on the platform. As part of its broader financial strategy, Binance will incorporate BNSOL into its leverage trading offerings with collateral assets and trading pairs available as of 16:00 (Eastern Time Zone 8) on October 14, 2024, thus bolstering its position in the competitive crypto landscape.
Source: https://en.coinotag.com/breakingnews/unlocking-potential-bnsol-launches-on-binance-with-zero-fees-and-exciting-leverage-trading-options/