Binance Expands Junior Platform with New Features for Families

Binance has continued to enhance its 'Binance Junior' platform with new features aimed at making savings and education in the world of cryptocurrency more engaging and accessible for families.

The platform, designed for kids and teens aged 6-17, already provides a secure parent-controlled environment that encourages positive savings habits and financial literacy from an early age.

The latest updates introduce a Red Packet gifting feature, which allows relatives and family friends to send crypto gifts to their children's Junior accounts. A Merchant Pay option has also been added, enabling Junior users to make payments at selected merchants while excluding restricted categories such as gambling and tobacco.

The integration of the educational 'ABCs of Crypto' eBook directly within the app supports parents and children on their digital finance journey together, breaking down complex crypto concepts into easy-to-understand lessons.