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CryptoRankNewsBinance Laun...

Binance Launches New Loanable Assets, Perpetual Contract, and More


Nov, 09, 2023
< 1 min read
by CoinEdition
Binance Launches New Loanable Assets
  • Binance has recently launched new loanable assets and margin pairs.
  • Binance Futures just released its latest USDⓈ-M BADGER Perpetual Contract.
  • The BADGERUSDT project targets 50x maximum leverage for its global consumers.

Multinational cryptocurrency exchange Binance has recently added more loanable assets and margin pairs to its portfolio through its support page. Concurrently, its crypto derivatives exchange, Binance Futures, has just launched its newest USDⓈ-M BADGER Perpetual Contract.

Binance’s latest loanable and borrowable assets are GNO, AST, and ORDI in Cross Margin and Isolated Margin. The pairs of the former trading feature include GNO/USDT, AST/USDT, RAY/USDT, and SCRT/USDT. Meanwhile, the latter pairs are BADGER/USDT, MOVR/USDT, RAY/USDT, ORDI/USDT, and SCRT/USDT.

According to the Binance support page, an Isolated Margin lets users allocate a portion of their funds in a single position to cap risks. Alternatively, a Cross Margin uses all the funds in a margin account as collateral. The bottom line for both depends on a trader’s risk tolerance and leverage strategies.

Simultan…

The post Binance Launches New Loanable Assets, Perpetual Contract, and More appeared first on Coin Edition.

Read the article at CoinEdition

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Binance Launches New Loanable Assets, Perpetual Contract, and More


Nov, 09, 2023
< 1 min read
by CoinEdition
Binance Launches New Loanable Assets
  • Binance has recently launched new loanable assets and margin pairs.
  • Binance Futures just released its latest USDⓈ-M BADGER Perpetual Contract.
  • The BADGERUSDT project targets 50x maximum leverage for its global consumers.

Multinational cryptocurrency exchange Binance has recently added more loanable assets and margin pairs to its portfolio through its support page. Concurrently, its crypto derivatives exchange, Binance Futures, has just launched its newest USDⓈ-M BADGER Perpetual Contract.

Binance’s latest loanable and borrowable assets are GNO, AST, and ORDI in Cross Margin and Isolated Margin. The pairs of the former trading feature include GNO/USDT, AST/USDT, RAY/USDT, and SCRT/USDT. Meanwhile, the latter pairs are BADGER/USDT, MOVR/USDT, RAY/USDT, ORDI/USDT, and SCRT/USDT.

According to the Binance support page, an Isolated Margin lets users allocate a portion of their funds in a single position to cap risks. Alternatively, a Cross Margin uses all the funds in a margin account as collateral. The bottom line for both depends on a trader’s risk tolerance and leverage strategies.

Simultan…

The post Binance Launches New Loanable Assets, Perpetual Contract, and More appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Former Binance CEO Changpeng Zhao said the crypto industry has entered the next phase...
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