Can you explain what 'in use' means on Binance when it comes to digital assets?

3 answers

• Gustafsson ConnellJul 09, 2023 · 2 years ago
  When it comes to digital assets on Binance, 'in use' refers to the status of an asset that is currently being utilized within the platform. This means that the asset is actively involved in trading, staking, lending, or any other activity supported by Binance. It indicates that the asset is not idle or dormant, but rather actively participating in the ecosystem.
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• dom08052003Oct 10, 2021 · 4 years ago
  On Binance, 'in use' simply means that the digital asset is being actively used within the platform. This could include trading, staking, lending, or any other activity that involves the asset. It signifies that the asset is not just sitting idle, but is actively contributing to the overall functionality and liquidity of the platform.
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• Karthigeyan AktivoltDec 14, 2022 · 3 years ago
  When it comes to digital assets on Binance, the term 'in use' signifies that the asset is actively engaged in transactions or other activities within the platform. It implies that the asset is not just held in a wallet, but is being utilized for trading, investing, or any other purpose supported by Binance. By actively using the asset, users can maximize its potential and take advantage of the various opportunities available on the platform.
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