Binance Messenger is now available on the App Store but to sign up a user should have an invitation code.

Leading global cryptocurrency exchange Binance has launched its own social media platform called Binance Messenger, now available on the Apple’s App Store.

It will be natural to presuppose that the launch of Binance Messenger was exactly what was teased yesterday in the announcement made by the exchange. However, today after being asked about the new app, Binance replied that it is just an already existing product for VIP clients. Meanwhile, let’s have a look at what this product offers.

Powered by CyberConnect, Binance Messenger promises an all-encompassing experience, offering users a one-stop solution for seamless communication, networking, and collaboration within the crypto community. The new application is designed to simplify interactions and enable users to connect with each other, fostering a vibrant and engaging digital ecosystem.

Binance to Make New Social Platform Available for Android Users

As one of the largest social networks in the Web 3 ecosystem, CyberConnect offers users the ability to build social applications using ERC-4337/Account Abstraction. Developers can also create apps with digital identities, content, connections, and interactions using the platform.

So far, the company boasts of a wide range of customers, including Binance, which used its product infrastructure to build its new social media platform.

According to the company, the social platform is currently only available for iOS users. However, the exchange plans to make it available on the Google Play Store for Android users to reach a wider audience.

Buoyed by the news, CyberConnects native crypto, CYBER, quickly jumped to $6.76 from the $6.16 it traded before the announcement, increasing $12.76%, according to CoinMarketCap data.

Binance Unveils VIP Group Chat for Enhanced User Experience

Meanwhile, the launch of the Binance Messenger adds to the list of social applications the company has developed in the past.

Last year, Binance unveiled a VIP dedicated group chat service, demonstrating its unwavering dedication to enhancing the user experience within the crypto community.

The VIP group chat service offers a host of advantages, including secure and real-time communication. As per the company’s blog post, users can seamlessly interact and communicate with their assigned Key Account Manager and other Binance staff members through the channel, establishing a personalized and comprehensive support system for its high-profile clientele.

Apart from the interactive group chat feature, users can also benefit from group notifications delivered via email, ensuring they remain informed about crucial updates and communications, even when offline. The company said that this functionality boosts user engagement and ensures that VIP users are always well-informed and up-to-date with the latest developments in the cryptocurrency realm.

Binance also said the VIP Group Chat service caters to both Master Account and Sub-Account holders, allowing all users, irrespective of their account type, to access this exclusive communication channel.

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