Cryptocurrency exchange Binance has introduced BEAMX as a new borrowable asset on both Cross Margin and Isolated Margin to enhance its margin trading offerings. In addition, the OG/USDT trading pair was also introduced on the Cross Margin platform.
Binance Expands Margin Trading Options with New Pairs
New Cross Margin Pairs:
BEAMX/USDT OG/USDT
New Isolated Margin Pair:
BEAMX/USDT
This expansion in margin trading options provides Binance users with more opportunities to diversify their portfolios and trade margin flexibly.
Binance recommends users who want to get detailed information about collateralizable assets, specific limits, and collateral rates to consult the Margin Data section on the platform.
This resource offers the most up-to-date information to ensure users are well informed when making trading decisions.
While margin trading offers greater flexibility, it also requires a full understanding of the associated risks.
Binance continues to prioritize user education and transparency, providing users with the necessary information to make informed decisions about their trading activities.
*This is not investment advice.