Binance, the world's largest cryptocurrency exchange by transaction volume, has added new loanable assets to Cross Margin.
Cryptocurrency Exchange Binance Adds Many Altcoin Trading Parities to Cross Margin Transactions
Binance also introduced new trading pairs on Cross Margin, which include BAL/USDT, DEXE/USDT, DGB/USDT, and FIS/USDT.
Cross Margin is a margin trading feature that allows users to use their existing assets as collateral to borrow funds for trading. It is a popular feature among investors who want to increase their purchasing power and maximize their profits.
Binance's decision to add FIS as a new borrowable asset to Cross Margin is expected to increase the liquidity of the token and attract more investors to the platform.
FIS is the native token of the Stafi protocol, a decentralized protocol that allows users to stake their tokens and earn rewards.
Binance has been expanding its offerings in recent months to meet the growing demand for cryptocurrency trading. The exchange is adding new tokens, features and trading pairs to its platform to offer users more options and trading opportunities.
*This is not investment advice.
