Binance adds new trading pairs Cross Isolated Margin, expanding its margin trading options for users. The crypto exchange announced on its official website that five new trading pairs are now available on both Cross and Isolated Margin. These pairs offer more flexibility for traders looking to leverage their positions.
New Trading Pairs Added
The newly introduced margin trading pairs are:
These additions allow traders to diversify their strategies while utilizing Binance’s Cross Margin and Isolated Margin trading platforms, catering to a wide range of assets.
Cross and Isolated Margin Trading
- Cross Margin: With Cross Margin, a user’s entire margin balance can be shared across all margin positions, reducing the risk of liquidation on a single position.
- Isolated Margin: Isolated Margin allows traders to limit the margin available to specific positions, providing better control over individual trades.
Conclusion
With Binance adding new trading pairs Cross Isolated Margin, users now have access to more options, including popular assets like AAVE, TRX, and SLF. These additions enhance Binance’s already extensive margin trading offerings, giving traders greater flexibility in their strategies.
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Source: https://bitcoinworld.co.in/binance-adds-new-trading-pairs/