Binance has announced the launch of its new VELODROME Simple Coin Earning feature, set to commence on December 13 at 14:00 UTC. This initiative is part of Binance’s effort to diversify its offerings amid the evolving landscape of the cryptocurrency market. Additionally, the platform will introduce the VELODROME/USDT trading pair for leveraged trading at 16:00 UTC on the same day, providing traders with enhanced liquidity and trading options. Furthermore, a VELODROMEUSDT perpetual contract will be available shortly after, at 16:15 UTC, with an impressive leverage capability of up to 75 times. This move marks a significant addition to Binance’s suite of trading instruments and underscores the platform’s commitment to meeting traders’ demand for innovative products within the crypto space.