$BNB 👶 Binance Junior: Cryptocurrencies and Savings for Children.
Binance has launched Binance Junior, an application designed for children and teenagers (6 to 17 years old) with the aim of promoting financial education and savings habits in a safe environment supervised by their parents.
• 👨👩👧👦 Parental Control: Parents/guardians open and manage the accounts, and can create up to five Junior accounts per minor. They have the option to deactivate the child's profile at any time and receive notifications of every transaction.
• 📚 Educational Focus: The application allows minors to familiarize themselves with financial concepts and track cryptocurrency prices.
• 🚫 Restrictions: Trading is not allowed for minors; only parents or guardians can manage these activities.
• 💸 Transfers: Minors over 13 years old can make internal transfers with daily limits, always with notification to their guardians. Funds can come from the parents' main account or from on-chain transfers.
• 📈 Daily Returns: Junior accounts are automatically enrolled in the Junior Flexible Simple Earn program, allowing funds to generate daily returns in cryptocurrencies from the first deposit.
Binance thus seeks to prepare young people for their financial future, promoting healthy savings habits and economic education from an early age.
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