Binance Margin introduced new borrowable assets and trading pairs, such as NFP coin, on both Cross and Isolated Margin to offer a more diversified trading experience. Additionally, the platform is prepared to support network upgrades and hard forks for Zilliqa (ZIL) and Sei (SEI), thus ensuring the best user experience.
NFP coin and more added to Binance Margin
Binance Margin has expanded its offerings with the addition of NFPrompt (NFP) and Enzyme (MLN) as new borrowable assets on both Cross and Isolated Margin. This move aims to offer users more options and opportunities to diversify their portfolios. The platform has increased traders’ flexibility by offering new trading pairs on both Cross and Isolated Margin. Notable additions include BNB/USDC, NFP/USDT, SOL/ETH on Cross Margin and BNB/USDC, MLN/USDT, NFP/USDT, SEI/TUSD on Isolated Margin.
Binance Margin strives to improve users’ trading experience. The platform regularly reviews and expands its list of trading options, allowing users to use a variety of trading strategies and diversify their portfolios. According to Binance’s announcement, investors are encouraged to explore Binance Margin for an enriched trading journey. In the meantime, users are encouraged to consult Margin Data for the most up-to-date list of marginal assets, specific limits, margin rates and rates.
Support for ZIL and SEI network upgrades
Binance is gearing up to support network upgrades and hard forks for Zilliqa (ZIL) and Sei (SEI), which are scheduled to occur on January 3, 2024. The Zilliqa (ZIL) network upgrade and hard fork is scheduled for January 3, 2024 at 12:00 UTC. During this period, Binance will temporarily suspend token deposits and withdrawals on the Zilliqa (ZIL) network, starting at approximately 11:00 AM. It is important to note that token trading on the Zilliqa network will not be affected. On the other hand, the Sei (SEI) network upgrade will occur at block height 49,519,931 or approximately on January 3, 2024 at 20:00 UTC. Similar to Zilliqa, Binance will suspend token deposits and withdrawals on the Sei (SEI) network starting at approximately 19:00. Trading activities for tokens on the Sei network will not be affected.
Binance assures users that all technical requirements related to these upgrades will be met by the platform. Token deposits and withdrawals on the Zilliqa and Sei networks will continue once the upgraded networks become stable, pending further announcements. Binance is gaining attention as it continues to improve its offerings and support the latest developments in the cryptocurrency space. According to experts, investors can expect an enriched and seamless trading experience on the platform.
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