Binance, one of the world's leading cryptocurrency exchanges, has expanded its list of loanable assets on its Isolated Margin platform by adding XVG (Verge).
Binance Offers XVG as a Borrowable Asset with Isolated Margin
The new borrowable trading pair, XVG/USDT, allows users to trade margin with the Verge as the underlying asset.
The addition of XVG to Binance's Isolated Margin platform gives traders more flexibility and opportunity to strengthen their positions.
Isolated Margin trading allows users to borrow funds to increase their trading power, increasing their potential returns.
It also allows users to take both long and short positions in the XVG/USDT trading pair based on their market outlook and trading strategy.
Verge (XVG) is a well-known cryptocurrency with a strong emphasis on privacy and anonymity. By including XVG as a loanable asset, Binance recognizes the demand for margin trading options in the Verge community and provides a way for investors to actively participate in the market.
*Not investment advice.
