Binance announces additional $400 million for traders affected by the crash


10h05 ▪
4
min read ▪ by
Eddy S.

Summarize this article with:

The crypto market underwent one of its worst crashes, leading to record liquidations. Facing the crisis, Binance, the world leader in exchanges, announces an additional $400 million fund to support traders. An unprecedented initiative, but will it be enough to restore investor confidence?

The former Binance CEO is offering an additional 0 million in compensation to traders affected by the recent crypto crash.The former Binance CEO is offering an additional 0 million in compensation to traders affected by the recent crypto crash.

In brief

  • Binance injects an additional $400 million (making a total of $683 million) to offset traders’ losses after the crypto crash.
  • BNB,…

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