Giant crypto exchange Binanceannounced the addition of six new trading pairs. SOL/USDC, ARB/FDUSD and DOCK/USDT were included in the exchange as cross margin pairs, and SOL/USDC, ARB/FDUSD and OP/FDUSD were included in the exchange as isolated margin pairs.
Koinfinans.com As we reported, margin trading allows users to access borrowed funds to use in leveraged transactions.
“Binance Margin strives to improve the user trading experience by constantly reviewing and expanding the list of trading options offered on the platform, allowing for greater diversification of user portfolios and flexibility in trading strategies,” the exchange said. He made a statement. One cryptocurrency The inclusion of the unit in the above-mentioned program may trigger greater volatility by increasing its liquidity and trading volume.
solana (SOL) was the only token to witness significant price fluctuations, with its price dropping 5% in the last 24 hours. However, this may be a result of the general correction in the market today.
This is not the first move made by Binance since the beginning of 2024. At the beginning of the year, it placed Monero (XMR), Zcash (ZEC) and other cryptocurrencies on the Watch Tag list, where they will be subject to regular reviews. Failure to comply with the required criteria may result in eventual removal from the list.
Earlier this week, Binance promised to remove nine spot trading pairs, including LTC/UAH, FLOKI/TUSD, COS/BNB, COTI/BNB, MULTI/BTC, and others. The termination of services with these couples was effective January 12.