On October 22, Binance announced the launch of Scroll (SCR) on its platform, marking a significant expansion in its digital asset offerings. This development includes the introduction of both full position and position-by-position leverage for SCR, as well as the addition of SCR trading pairs, such as SCR/USDT and SCR/FDUSD. Starting at 19:00 (ET), users will be able to borrow SCR to leverage their trading strategies effectively.
Moreover, Binance will facilitate trading on perpetual contracts for SCR with leverage options ranging from 1 to 75 times, beginning at 18:00 (ET) the same day. This initiative not only enhances Binance’s financial management tools but also enables users to execute one-click coin purchases and offers a streamlined flash exchange feature. As the demand for innovative trading solutions continues to grow, Binance remains at the forefront, catering to both retail and institutional investors eager to capitalize on emerging cryptocurrencies.
Source: https://en.coinotag.com/breakingnews/binance-launches-scroll-scr-trading-with-up-to-75x-leverage-on-october-22/