The Binance cryptocurrency exchange expanded the list of assets in the margin trading section by adding the stablecoin USDC, Litecoin (LTC) and Ethereum Classic (ETC).
#Binance Adds Margin Trading for $ USDC , @litecoin $ LTC and @eth_classic $ ETC https://t.co/NPagGvoF0A pic.twitter.com/OyemCAYCSa
– Binance (@binance) August 8, 2019
Exchange users can both borrow and trade the above coins in pairs with bitcoin and stablecoins (BTC / USDC, LTC / USDT, LTC / BTC, ETC / USDT, ETC / BTC).
On a separate page of the Binance website, you can see the list of assets available for trading “with leverage”:
The same section presents a table with financing rates and borrowed funds limits for various account levels:
Among other things, Binance recalled the upcoming IEO of the Perlin Network project, in order to participate in which investors need to store BNB tokens for 15 days.
The #Binance Launchpad page for the @PerlinNetwork $ PERL token sale is now live?? https://t.co/UeyIaJLIDA pic.twitter.com/B5zVCtAIQd
– Binance (@binance) August 9, 2019
It is also worth noting that recently Binance Coin (BNB) is growing steadily, often not correlating with many other crypto assets. So, over the past 7 days, the asset has grown by more than 9%, exceeding the mark of $ 31:
Data: CoinMarketCap
Recall that recently Binance changed the calculation mechanism used to record the daily balance of BNB.
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