Binance, one of the leading cryptocurrency exchanges, continues to expand its offerings and services to its users.
Binance Adds New Altcoin Pairs to Margin Platform
The exchange announced the addition of two new loanable assets in Cross margin and one in Isolated margin, providing more opportunities for investors.
Newly added assets are QUICK and WLD and can now be borrowed through Cross Margin. It will also be available in QUICK Isolated Margin.
The new Cross Margin pairs are QUICK/USDT and WLD/USDT, while the Isolated Margin pair is announced as QUICK/USDT.
With the addition of QUICK and WLD, Binance users now have a wider range of options for trading and investment strategies.
The Cross Margin feature allows traders to use their total account balances as collateral, providing more flexibility and higher leverage potential.
On the other hand, Isolated Margin offers a risk management tool for investors who want to limit their exposure to a particular asset.
By using isolated margin, traders can allocate their margins and margins for a particular trading pair and reduce the risk of losses spreading to other assets in their portfolio.
Binance users can access more information about marginable assets, specific limits, margin rates and rates through the Margin Data section of the platform.
It is not investment advice.
