Leading in terms of trading volumes, the Binance cryptocurrency exchange launched a platform for margin trading for all users.
#Binance Launches Evolving Cryptocurrency Traders Margin Trading service
Binance Margin is now available to all eligible users. #TradingEvolved https://t.co/GPDIwKtO6E pic.twitter.com/85DtUtsJC5
– Binance (@binance) July 11, 2019
CEO Changpen Zhao stressed that the new service should meet the needs of both institutional and retail traders.
The interface of the margin platform allows users to access both trading with leverage and ordinary exchange trading, and no fees will be charged for transferring funds from margin wallets to exchange trading ones.
Bitcoin, Ethereum, Ripple, Binance Coin, TRON and USDT are available to users for margin trading. Similar to the main platform, commissions can also be paid at the BNB.
Binance data
Recall that the early launch of margin tools on Binance took place at the end of last month as part of a global upgrade to platform version 2.0.
Subscribe to the BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.
BlockchainJournal.news
BlockchainJournal.news
