Changpeng Zhao, CEO of the largest Bitcoin exchange Binance, published a tweet about the possibility of passive cryptocurrency earnings.
Would you like to earn #crypto while you sleep?
Keep an eye on @binance today.
– CZ Binance (@cz_binance) August 26, 2019
“Would you like to earn crypt while you sleep?” Follow Binance Twitter Account Today »
Followers Zhao immediately began to express various versions of what would mean such a mysterious tweet.
Not without sarcasm:
ETH / BTC 100x shorts coming?
– Udi Wertheimer (@udiWertheimer) August 26, 2019
“Will it be possible to short pair ETH / BTC with a shoulder of 100x?”
Some suggested it would be staking:
Is it BNB stacking?
– sanatsuhane (@sanat_suhane) August 26, 2019
Others – that this may be lending to margin traders:
Lending is coming
– Himanshu Dwivedi (@this_is_doc_hd) August 26, 2019
While many are wondering, Binance, meanwhile, has announced new trading pairs with the Tether stablecoin: DENT / USDT, MFT / USDT, KEY / USDT, STORM / USDT, DOCK / USDT, WAN / USDT, FUN / USDT and CVC / USDT . Bidding in these pairs will start tomorrow, August 27.
The exchange also announced an increase in the financing rate from 0.02% to 0.04% for Ethereum Classic. A complete list of assets and financing rates available for margin trading can be found here .
In addition, Binance added a switch to the margin trading interface, which allows you to quickly borrow funds when opening new positions:
The new #Binance Margin “Switch” function allows you to quickly borrow funds when opening new positions.
Switch freely between asset mode (normal orders) & margin mode (margin orders)
Eg While holding 5 BNB in a Margin account, you can sell max 15 BNB https://t.co/YuufPADewO pic.twitter.com/ZQa5KNdbB8
– Binance (@binance) August 26, 2019
Recall that recently the functionality of Binance was expanded with an OCO (One Cancel The Other) order, which allows you to place two trading orders at the same time.
Follow BlockchainJournal on Twitter !
BlockchainJournal.news
BlockchainJournal.news
