Binance makes it easier for newbies to buy cryptocurrencies

Binance cryptocurrency exchange has launched a Lite version for beginners in its mobile application.

Over the past three months, over 42% of cryptocurrency holders have received questions from more than five people about buying bitcoin, according to a Binance survey.

Another 16% of respondents were asked about buying digital gold by more than 15 people. Only 6% of 5,600 people surveyed on Twitter did not receive such questions.

 

“Almost all cryptocurrency holders note that a friend, relative or colleague is interested in ways to enter the industry. This also applies to our users: an incredible 16% received more than 15 requests in the last three months – this is more often than once a week, ”said Changpeng Zhao, CEO of the trading platform.

 

According to him, many newbies just want to buy cryptocurrency, without diagrams and difficulties. Binance believes that if users become interested in trading, they will simply turn off Lite mode and plunge into the complexities of the market.

In honor of the launch of the interface, the exchange gives referral bonuses. Each invitee with a personal code and who buys Bitcoin for € 100 in Lite mode will have the opportunity to win € 500 for himself and € 500 for the inviter. There will be 20 winners in total. The promotion is valid until February 10, the results will be announced on February 12.

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