Binance Continues To List These Altcoins On Margin!
- Posted on December 13, 2023 9:48 PM
- Cryptocurrency Exchanges News
- 196 Views
Binance, being the world's largest cryptocurrency exchange in terms of trading volume, continues to shape the industry. As of today, Binance has announced a new altcoin margin listing.
Listing many altcoins and different trading pairs in the margin market, Binance stated the following in its announcement:
Binance has added AEUR and 1000SATS as new borrowable assets to Cross Margin and Isolated Margin.
Binance has also added new trading pairs to Cross Margin and Isolated Margin:
New Cross Margin Pairs: BTTC/USDT, GNO/USDT, VITE/USDT, 1000SATS/USDT
New Isolated Margin Pairs: AEUR/USDT, AVAX/FDUSD, MATIC/FDUSD, SEI/FDUSD, 1000SATS/USDT
What is Margin Trading in the Cryptocurrency Sector?
Spot margin trading allows you to buy and sell cryptocurrencies using funds that can exceed your account balance.
Unlike futures and derivative transactions, spot margin transactions involve the purchase or sale of actual underlying assets rather than financial contracts.