Cryptocurrency Exchange Binance Announces It Will List These Two Altcoins In Margin Trading!

Binance, In an announcement on its official website, altcoins OAX and RDNT Cross Margin And Isolated on Margin announced that it will list.

Binance Adds Cross Margin and Isolated Margin Altcoins OAX and RDNT

Binance has added OAX and RDNT as new loanable assets on Cross Margin and Isolated Margin.

New Cross Margin Pairs: OAX/BTC, OAX/USDT, RDNT/USDT
New Isolated Margin Pairs: OAX/BTC, OAX/USDT, RDNT/USDT

Binance, one of the world’s largest cryptocurrency exchanges, announced that it has added two new borrowable assets to its platform.

OAX is the native token of the OAX decentralized exchange, which aims to provide users with both a secure and efficient peer-to-peer trading platform.

According to Binance, OAX can now be used as collateral for borrowing on Cross Margin and Isolated Margin platforms.

RDNT is the native token of Radix DLT, a public decentralized ledger technology designed to provide a scalable, fast and secure infrastructure for decentralized applications.

Binance users can now also use RDNT as collateral for borrowing on the exchange’s margin platforms.

Margin trading allows investors to borrow money from an exchange to increase their purchasing power, allowing them to take larger positions in the market.

However, this also increases the risk, as losses may exceed the initial investment if the market moves against the investor.

Binance’s decision to add OAX and RDNT to its platform as loanable assets reflects the exchange’s efforts to expand its offering and provide its users with access to a wider range of digital assets.

*Not investment advice.