Binance, one of the world's leading cryptocurrency exchanges, introduced a new asset for margin trading. NTRN (Neutron) is now available to borrow on Binance's Margin platform, offering enhanced opportunities to investors.
Binance Expands Margin Trading with NTRN
This addition includes not only the introduction of NTRN as a borrowable asset, but also the introduction of new trading pairs on both Cross and Isolated Margin.
New Cross Margin Pair:
NTRN/USDT
New Isolated Margin Pair:
NTRN/USDT
This move is expected to strengthen the trading options available to Binance users, further diversify their portfolios, and provide opportunities for strategic margin trading with NTRN.
Margin trading is a popular strategy in the cryptocurrency market, allowing investors to borrow funds to increase their position size and potentially increase their profits.
However, it is very important to note that margin trading also carries a high level of risk and investors should approach it with caution and a full understanding of the risks involved.
*This is not investment advice.