Announcement of 8 Altcoins from Binance! Open Positions on Ethereum (ETH) Will Be Affected!

Eyes focused on US inflation data Bitcoin and altcoins the wait continues.

Recently, we have observed that cryptocurrency exchanges have increased their announcements regarding altcoins and expanded the scope of their various services. Request Binance‘s altcoin announcements published today:

Ethereum

Binance announced today that it has made a change in the leverage and margin rates in the ETHUSDT parity. This change, which will also affect the currently open positions, took place as of 10.00 CEST. Here is the old and new table:

In the announcement, it was stated that the change took place in the first two tiers, while there was no change in the positions below $100,000.

It was also stated that the change in the margin rate would affect the liquidation and funding rate prices, and it was reminded that investors should control their open positions.

Dash (DASH) and IOST (IOST)

Binance announced today that it will support the DASH hard fork, which will take place at 23:00 CET, and the IOST hard fork, which will take place on September 18. It was stated that traders holding these coins during the upgrade do not need to do anything and Binance will take the necessary technical actions.

WOO

Binance introduced the Woo staking product, which promises an annual return of 49.80%.

AMB

Binance will launch AMBBUSD futures contracts with up to 20x leverage.

LOOM, LUNA, PHB

Binance cross-margin has also added LOOM, LUNA, and PHB to loanable assets.

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