One of the world’s leading cryptocurrency exchanges Binance to Cross Margin and Isolated Margin added several new loanable assets and margin pairs.
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Cryptocurrency Exchange Adds New Coins to Binance Cross Margin and Isolated Margin
New assets include JOE, RIF, RLC and SYN, which have been added to the platform as loanable assets in Cross Margin. In addition, new margin pairs have been added to both Cross Margin and Isolated Margin.
New Cross Margin pairs include BTC/TUSD, ETH/TUSD, JOE/BTC, JOE/USDT, RIF/USDT, RLC/BTC, RLC/USDT and SYN/USDT.
These pairs allow users to trade a wider range of cryptocurrencies on margin, providing greater flexibility and profit potential.
The new pairs added to the Isolated Margin are BTC/TUSD and ETH/TUSD. Isolated Margin allows traders to open highly leveraged positions in certain trading pairs, providing higher return potential while also increasing the risk of loss.
Overall, the addition of these new assets and margin pairs is a positive development for Binance users, giving them more options and opportunities to trade on the platform.
As a result, the addition of JOE, RIF, RLC and SYN as loanable assets on Cross Margin, as well as the new margin pairs on Cross Margin and Isolated Margin, is a significant improvement for Binance users.
The new pairs provide more flexibility and profit potential, but users should exercise caution and be aware of the risks before trading on margin.
*Not investment advice.
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