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    ESP Blockchain Journal
    Home»Noticias»Binance may issue its own steyblecoin and run margin trading

    Binance may issue its own steyblecoin and run margin trading

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    By BlockchainJournal on mayo 2, 2019 Noticias
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    According to unconfirmed information, the Binance cryptocurrency exchange is exploring the possibility of issuing its own steylcocoin. The possibility of such a development was hinted by the CEO of the Changpeng Zhao site.

    Careful what you wish for.

    – CZ Binance (@cz_binance) May 1, 2019

    So, he commented on the user CryptosBatman's tweet about the benefits of a hypothetical steablocoin on the Binance blockchain, which could significantly increase the practical value of BNB.

    “Be careful with your desires,” Zhao wrote.

    It is noteworthy that earlier CEO Binance used this phrase in cases where the exchange was actually engaged in development, about which the public was not notified.

    In addition, the exchange is presumably preparing to launch margin trading. This was noticed by the user Reddit under the name lifofifo.

    Margin trading flag enabled for trading pairs in the Binance API from r / CryptoCurrency

    According to him, the “isMarginTradingAllowed” flag appeared in the Binance API, suggesting the development of the corresponding functionality. In the current version of the API, opposite to nine trading pairs, this parameter is set to “true”.

    Changphen Zhao did not deny the user's assumptions, pointing out that the API framework is preparing to upgrade the system. However, he did not name the specific dates of the update.

    Recall, on April 25, trading started on the decentralized Binance DEX platform. The first asset in the listing site was the token Mithril (MITH)

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