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    Blockchain Journal
    Home » The first liquidation of the margin position

    The first liquidation of the margin position

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    By BlockchainJournal on June 24, 2019 News
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    took place on the Bitcoin exchange Binance

    The first liquidation of a position with the use of leverage took place on the margin trading trading market Binance.

    We had our first Margin liquidation today. Guess what it was on a #BTC short.

    Don't bet again b …

    – CZ Binance (@cz_binance) 24 June 2019 p.

    “Today we had the first liquidation of the marginal position. And you know what? It was short on BTC. Do not play against Bitcoin , ”said Binance exchange director Changpeng Zhao.

    The annual maximum on this popular stock exchange was fixed at $ 11,392 at night from Sunday to Monday:

    TradingView Binance BTC / USDT four hour chart

    Also today, the main platform Binance.com has added support for the USDSB / USDT and USDSB / USDS trading pairs. The USDSB BEP2 token is a dollar-pegged dollarcoin, the issuer of which is the Stably startup, known for the StableUSD (USDS) coin.

    #Binance Adds $ USDSB / $ USDT and $ USDSB / $ USDS Trading Pairs https://t.co/gIo4zKYjXx pic.twitter.com/4j2dHJyTbf

    – Binance (@binance) 24 June 2019 p.

    Recall that Binance continues to test margin trading available to a limited number of users.

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