Binance announced the addition of new USDC trading pairs for both Cross and Isolated Margin trading. This move aims to enhance the trading experience by offering more diverse and flexible trading options.
USDC-Based Trading Pairs
The new USDC trading pairs include CKB/USDC, EOS/USDC, IO/USDC, JTO/USDC, LDO/USDC, MANTA/USDC, OMNI/USDC, PIXEL/USDC and STX/USDC. These pairs are now available for trading on both Cross and Isolated Margin, allowing users to diversify their portfolios and apply various trading strategies.
Cross Margin trading allows users to share their margin balances across multiple positions, potentially reducing liquidation risk compared to having separate balances for each position. On the other hand, Isolated Margin trading limits the risk to a specific position, which can be useful for managing risk in individual trades.
The addition of these new trading pairs is part of Binance Margin’s effort to review and expand its offerings to ensure users have access to a wide range of assets. This expansion will enable investors to take advantage of different market conditions and opportunities, thereby optimizing their trading strategies.
