According to PANews on March 6, Binance announced that it will support RedStone (RED) in multiple product lines starting from 00:00 on March 7 (Eastern Time Zone 8), including financial management, one-click coin purchase, flash exchange, leveraged trading and contract trading.
• Binance Finance: RED principal-guaranteed coin-earning current account product will be launched at 00:00 on March 7 and will be open for subscription.
• Fixed investment: Starting from 18:00 on March 7, users can invest in RED through the Binance fixed investment platform.
• One-click buying & selling of coins: Supports purchasing RED with credit cards, debit cards, Google Pay, Apple Pay, and Revolut, or using wallet balance to buy and sell RED. It is expected to be open within 24 hours of spot listing.
• Flash exchange trading platform: RED is expected to support flash exchange within 24 hours of spot listing, which can be exchanged for BTC, USDT and other tokens with no handling fees.
• Margin trading: Coin safe position and isolated margin trading will open RED borrowable assets at 00:20 on March 7, and will launch RED/USDT, RED/USDC, and RED/FDUSD trading pairs.
• Contract trading: Binance will launch the RED U-based perpetual contract at 00:00 on March 7, with a maximum leverage of 75 times.
