Binance has introduced the Binance Junior app. The platform is designed for children to safely get acquainted with digital assets under parental supervision. The service simplifies the first steps in working with cryptocurrencies and helps to develop early financial literacy skills.
We explain how the Binance Junior team of the cryptocurrency exchange plans to attract the younger generation to the crypto industry.
Binance cryptocurrency exchange: everything you need to know
What is Binance Junior
Binance Junior operates as a children's sub-account within the Binance ecosystem. The app is designed for users aged 6 to 17. Parents manage all settings, monitor transactions, and determine the level of access.
The platform creates a controlled and safe environment where children can learn to handle digital assets and develop an understanding of how modern finance works.
The platform is focused on collaborative learning and developing good savings habits. Binance Junior gives a child access only to basic features that do not carry trading risks. Parents can see every transaction, set limits, and monitor the development of the savings account.
Minor Mode, a special mode for children's sub-accounts, serves as a central element of protection. Access to trading and complex tools is completely disabled. The child can view the balance, send and receive assets, and monitor the changes in their savings account. All technical and advanced actions remain at the parent's disposal, who manages the process through the main account in the Binance app.
The launch process is simple:
In the main Binance app, you need to press the Binance Junior button.
Fill out the registration form for the child.
Install the Binance Junior app on the child's device.
Scan the QR code from the main app to link the sub-account.
After setup, the family can immediately start using the app and build their own approach to savings.
Binance wants to attract young minds
The initiative emphasizes Binance's commitment to developing financial literacy among young users and creating safe tools for working with digital assets. The platform helps children get acquainted with the economy of the future, while adults can control the process and support learning.
Binance Junior provides an opportunity to unite the family around the topic of savings and make the first steps in digital finance conscious, transparent, and safe.
Cryptobija announced an initiative amid regulatory pressure. Binance is accused of aiding terrorists. Against the backdrop of problems, the cryptocurrency exchange announced the appointment of a new CEO.
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