On October 18, COINOTAG reported significant updates from Binance regarding the launch of **Lumia (LUMIA)**. As per the official announcement, Binance is set to introduce enhanced **financial management** features, including a **one-click coin purchase** mechanism and **flash exchange** services for LUMIA users. The principal-guaranteed coin-earning product will also be made available, with subscriptions commencing at 5:00 PM ET on October 18, 2024. Users can acquire LUMIA via various methods, including credit/debit cards and digital wallets such as Google Pay and Apple Pay.
Shortly after the spot market launch, users will have the opportunity to trade LUMIA with minimal effort, leveraging one-click purchase functionalities. Moreover, the **flash exchange** platform will facilitate seamless exchanges of LUMIA for major cryptos like **BTC** and **USDT**, all without incurring transaction fees. Furthermore, Binance will integrate LUMIA into its leverage trading system, allowing for both **full-position** and **isolated-position** trading pairs involving LUMIA/USDT, starting at 7:00 PM ET on the same day.