The Chicago-based crypto exchange, Seed CX, announced support for three new stablecocks, Paxos (PAX), USD Coin (USDC), and TrueUSD (TUSD).
From May 17, users of the American crypto exchange Seed CX will get access to new trading pairs of three steylcoins with USD. In the near future, PAX, USDC and TUSD will be presented in pairs with other fiat currencies, in particular with EUR. Edward Woodford, CEO of Seed CX, noted that steakbloins are important for the ecosystem, many clients of the crypto-exchange have repeatedly asked the administration to expand the line of digital assets that are provided by Fiat.
If we talk about margin trading, then the above-mentioned steakbloins can be used as collateral. By the way, recently it became known that the Binance crypto-exchange is going to offer its users margin trading in nine trading pairs. Recall that the crypto platform has recently undergone a hacker attack, which resulted in the attackers managed to seize 7,000 BTC (over $ 40.5 million).
For some time, the exchange suspended the deposit and withdrawal of funds, as well as trade, today, however, Changpeng Zhao, the general director of Binance, was pleased to announce that the platform fully resumes its operations. According to reports from representatives of Binance, savings from the SAFU fund, which was formed last year, will be used to compensate for the losses – the crypto exchange exchanges 10% of the total amount of commissions on trade operations.
