Leading cryptocurrency exchange Binance In his statement today, he stated that new loanable and collateral assets as well as existing supports in Loans and VIP Loans have increased. The exchange will continue to support selected trending cryptos including 1inch Network (1INCH), BOOK OF MEME (BOME), Convex Finance (CVX), Dogwifhat (WIF), Ronin (RONIN), Ocean Protocol (OCEAN) and others.
Binance Announces New Loanable and Collateral Assets
Binance revealed the full list of new loanable and collateral assets in Loans and VIP Loan in an official announcement on April 3.
1inch Network (1INCH), Acala Token (ACA), ARPA (ARPA), Astar (ASTR), Band Protocol (BAND), BinaryX (BNX), Compound (COMP), CyberConnect (CYBER), DODO (DODO), SPACE ID (ID), IoTeX (IOTX), Kava (KAVA), Kusama (KSM), League of Kingdoms Arena (LOKA), Treasure (MAGIC), Ocean Protocol (OCEAN), Vulcan Forged (PYR), Rootstock Infrastructure Framework (RIF) and SushiSwap (SUSHI).
Users can borrow these assets for spot, margin and futures trading or stake them to earn high APY. These feature low credit staking.
In addition, Binance VIP Loan added new loanable assets Altlayer (ALT) and DigiByte (DGB) for its key customers such as institutional investors.
Additionally, the new collateral assets under VIP Credit are BinaryX (BNX), BOOK OF MEME (BOME), Convex Finance (CVX), Dusk (DUSK), ether. fi (ETHFI), Flamingo (FLM), Moonbeam (GLMR), Hifi Finance (HIFI), Litentry (LIT), Lisk (LSK), Ontology (ONT), Orchid (OXT), Rootstock Infrastructure Framework (RIF), Ronin ( RONIN), SKALE (SKL), STP (STPT), Dogwifhat (WIF), Verge (XVG), 0x Protocol (ZRX).
Altcoin Prices Reacted Positively
BOME price It reacted positively by rising 10% in the last 24 hours and is traded at $0.0173. The 24-hour low and high price are $0.0157 and $0.0184 respectively. Additionally, transaction volume attracted attention by decreasing by 40% in the last 24 hours. In the midst of a widespread crypto market crash, BOME defied the trend by experiencing a notable price rally.
Solana-based meme coin WIF price is also trading strongly, defying the market decline. The price is up over 2% in the last 24 hours and is trading at $3.87. The 24-hour low and high price are $3.65 and $4.16 respectively.
