Binance has introduced a new feature called Live Trading on its social platform, Binance Square. The feature allows users to watch livestreams of verified traders and place real Spot or Futures trades directly within the stream.

Binance Square is a global social platform that reports having over 35 million monthly active users. It offers crypto-related news, market updates, and community discussions. The platform is available in 30 languages through the Binance app and website.

Binance Enables Real-Time Trade Placement

Live Trading combines market commentary, trade execution, and live video into a single tool. As traders stream their strategies, viewers can view specific trades through pinned strategy cards or a Strategy Tab. These cards include trading pair, direction, and order size. Users can then place similar trades without leaving the stream.

The feature is aimed at reducing the gap between learning about crypto trading and taking action. Binance said it also allows content creators to grow their audience and earn commissions. Verified creators with at least 1,000 followers can share up to 100 past trades per session. They may receive up to 50% of trading fees generated by users who follow their strategies.

You may find it interesting at FinanceMagnates.com: The Trump Family Explores Stablecoin Launch with Binance Deal: WSJ.

Live Trading Adds New Features Soon

Creators with fewer followers can apply for the Binance Square Live Trading Incubation Program. Binance said it will provide extra support for eligible traders, including exposure through featured streams and curated campaigns.

The company describes Live Trading as a continuation of its focus on making crypto trading more interactive. Additional features such as livestream competitions and multistreaming are expected in the future.

Binance Partners with Kyrgyzstan for Digital Assets

Recently, Binance signed a Memorandum of Understanding with Kyrgyzstan's National Agency for Investments to support the country's digital asset sector. The agreement was made during the first Council for the Development of Digital Assets meeting, attended by President Sadyr Japarov. This follows Kyrgyzstan’s recent legal steps to launch a central bank digital currency (CBDC) called the digital som.

Source: Finance Magnates