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Crypto Exchange of Binance launches free access to margin trading for all

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Crypto Exchange of Binance launches free access to margin trading for all

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This Wednesday Binance Cryptocurrency Exchange presented an updated version of its platform for all customers. This was announced by the CEO of Binance Changpen Zhao.

"While the price of Bitcoin is growing, we are launching Binance 2.0 with access to margin trading for everyone," he wrote on Twitter.

A number of users report that they still cannot access the declared functionality and see a notification about the need for an invitation.

Current margin trading opportunities are no different from those that customers could use during the testing phase . Also in the control panel next to the “Stock” tab appeared the “Margin” tab, where you can get information about your margin balance.

“One of the key improvements that is difficult to see at a glance is performance. During peak loads, if you experience lags, be sure to try 2.0. In the near future, we will suspend user access to the first version due to its inherent problems with overloads , ”wrote Zhao

In addition, today CEO Binance announced that 32 million BNB tokens were concentrated at the four addresses of the exchange, which were unlocked for the team, but none of them had yet been spent. He did not disclose information on future plans for the use of these tokens.

Currently, BNB is trading at around $ 37.09, slightly below its recently updated historic high.

Earlier this week, Zhao reported that Binance had registered the first liquidation of the marginal position amid a rapid increase in the price of Bitcoin.

Publication date 06/26/2019
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