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Binance broadens offerings with new loanable assets and margin pairs

EditorAmbhini Aishwarya
Published 2023-11-09, 05:18 a/m
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Binance, a leading global cryptocurrency exchange platform, announced the addition of new loanable assets and margin pairs to its portfolio. This move is aimed at catering to the rising demand for cryptocurrency trading and increasing transaction volumes.

The new loanable assets include AST, GNO, and ORDI. Alongside these, Binance also introduced Cross Margin pairs including BADGER/USDT, MOVR/USDT, ORDI/USDT, RAY/USDT, SCRT/USDT. In addition to these introductions, Isolated Margin pairs such as AST/USDT, GNO/USDT, RAY/USDT, and SCRT/USDT were also added to the platform's offerings.

In a parallel development, Binance Futures launched the USDⓈ-M BADGER Perpetual Contract with 50x leverage. This allows traders to maximize their returns by leveraging their positions.

The company has encouraged users to refer to Collateral Data for updated information on collateralizable assets, specific limits, and rates.

These new additions are part of Binance's consistent efforts to reinforce its position as a comprehensive cryptocurrency exchange platform attracting more investors. The company continues to expand its portfolio in response to growing market demands and user needs.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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