Following a two-month process between September 1 and October 31 in which it reviewed 649 user suggestions, Binance unveiled its latest update package on November 15, 2023. The highlights of the update include significant changes to the cryptocurrency exchange’s user interface (UI) and its functionality, as well as improvements to its trading bots.
Along with a redesign of the dashboard, Binance made extensive changes to its Futures Leaderboard, bringing it up to version 5.0. The leaderboard, always meant as a tracking and learning tool, now boasts significantly improved utility and customizability.
Customers will now be able to better control how futures traders on the leaderboard are displayed by sorting them by the number of followers they have, and they will also be able to see who those followers are.
The new dashboard also offers some improvements to the overall user experience (UX) as it allows for greater control of notifications – including those warning of order executions – whether the app is opened or closed. The update also enables additional control over privacy settings.
Binance makes improvements to its trading bots
In the latest update, Binance made several changes to its trading bots. Users will now be able to see the details on the initial margin and profits sorted by specific bot strategies in their Bot Wallets.
Additionally, the update brings greater control of the Futures Grid trading bots as they can add or remove margin depending on the circumstances of the moment to help better utilize their capital.
Binance also made records more accessible to users, particularly with regard to their funding fee history – now viewable on the Copy Trading Overview page – and to positions, open orders, and order history of the trading bot’s candlestick chart.
The greater visibility of important information also extends to Binance’s profit-and-loss (PNL) analysis charts for futures trading, as it now displays asset summary and asset growth charts. The exchange’s futures trading experience is also bolstered by the addition of good-till-date/time (GTD) orders.
