Binance Lists 9 Margin Trading Pairs

IconCryptoNewsTerminal Staff23 Jul, 2024

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Binance Lists 9 Margin Trading Pairs

Binance, the world's leading cryptocurrency exchange, has announced the listing of nine new margin trading pairs. These pairs include 1000SATS/USDC, AR/USDC, GALA/USDC, PEOPLE/USDC, RUNE/USDC, STRK/USDC, TRB/USDC, UNI/USDC, and ZK/USDC. Margin trading allows traders to borrow funds from the exchange to increase their trading positions, potentially amplifying both profits and losses. The newly listed pairs will be available for trading with both cross and isolated margin modes. Cross margin mode allows traders to use all of their available funds as collateral, while isolated margin mode allows traders to use only the funds they have allocated to a specific trade. The addition of these new pairs expands the range of trading options available to Binance users and provides them with more opportunities to capitalize on market movements.