Binance Margin, one of the leading cryptocurrency exchanges, has announced the addition of three new borrowable assets and trading pairs on its Cross and Isolated Margin platforms. The newly added assets are Fusionist (ACE), Bonk (BONK), and Nano (XNO), which will provide users with more trading options and opportunities.
On the Cross Margin platform, the new trading pairs include ACE/USDT, ALPACA/USDT, BONK/USDT, DATA/USDT, and FUN/USDT. These pairs will allow users to trade the newly added assets against the widely popular stablecoin USDT, providing increased liquidity and ease of trading.
Meanwhile, on the Isolated Margin platform, users can trade the ACE/USDT, BONK/USDT, and XNO/USDT pairs. Isolated Margin trading offers users the ability to trade with borrowed funds while limiting their risk to only the collateral they have provided.
The addition of these new assets and trading pairs reflects Binance Margin’s commitment to constantly improving the trading experience for its users. By expanding the range of available assets, traders can diversify their portfolios and implement various trading strategies.
It is important to note that before engaging in margin trading, users should refer to the Margin Data provided by Binance for updated information on marginable assets, specific limits, collateral ratio, and interest rates. This ensures that users have a clear understanding of the terms and conditions associated with margin trading.
Furthermore, users must be aware that there may be discrepancies in the translated versions of the original article in English. As such, it is advisable to refer to the original version for the most accurate and up-to-date information, especially when dealing with any potential discrepancies.
In conclusion
Binance Margin’s addition of Fusionist (ACE), Bonk (BONK), and Nano (XNO) as borrowable assets on Cross and Isolated Margin, along with the introduction of new trading pairs, provides users with greater trading choices and opportunities. Traders can now take advantage of these assets to diversify their portfolios and implement various trading strategies.
