Binance Kicks Off Margin Cryptocurrency Trading; Launches Fiat-Crypto Assets

Published by
Written By: Eno Eteng (MSTA)
Reviewed By: Alejandro Zambrano
Share
    Summary:
  • Binance, the world’s biggest cryptocurrency exchange, has kicked off margin cryptocurrency trading on its new Binance 2.0 trading platform.

Binance, the world’s biggest cryptocurrency exchange, has kicked off margin cryptocurrency trading on its new Binance 2.0 trading platform. The platform has been optimized to enable users to access the trading platform and exchange at the same time, something which was not available with the initial version. For a volatile market as the crypto market, margin trading can greatly increase profit potential as well as risks. Given the success of other crypto margin trading platforms such as Seychelles-based BitMEX, Binance hopes that its clients can take their users to new heights with this feature. Binance is also launching fiat-crypto pairs, allowing traders to trade pairings such as the BTC/USD pair for the first time on its platform.Don’t miss a beat! Follow us on Twitter.

Download our Q3 market outlook today for our longer-term outlook for the markets and trade ideas.

Written By: Eno Eteng (MSTA)
Reviewed By: Alejandro Zambrano

Eno is a certified financial technician and member of the UK Society of Technical Analysts. He loves to trade and write about stocks, Forex, and CFDs. Since 2009, he has consulted several financial companies as a trader and strategy developer. His work can be seen on several forex blogs and trading educational websites.

Published by
Written By: Eno Eteng (MSTA)
Reviewed By: Alejandro Zambrano