The world’s largest cryptocurrency exchange by trading volume, Binance‘s margin trading arm Binance Margin, recently announced the addition of 5 new altcoins and numerous trading pairs to both its Cross and Isolated Margin offerings.
Five New Altcoins Added to Binance Margin
According to the announcement from Binance, the new altcoins added to Binance Margin are AS Roma Fan Token (ASR), Atletico de Madrid Fan Token (ATM), FIO Protocol (FIO), Juventus Fan Token (JUV), and Wanchain (WAN). All of these altcoins are now available for borrowing and providing as collateral.
In this direction, Binance has added ASR/USDT, ATM/USDT, ENA/BTC, ENA/FDUSD, FIO/USDT, JUV/USDT, LTC/USDC, NEAR/USDC, and WAN/USDT trading pairs to Cross Margin, and ASR/USDT, ATM/USDT, ENA/BTC, ENA/FDUSD, and JUV/USDT trading pairs to Isolated Margin.
The introduction of these new altcoins and trading pairs is intended to enrich the trading experience of Binance Margin users, offering them more opportunities for portfolio diversification and flexibility in their trading strategies. Binance Margin continuously evaluates and expands its services to meet the changing needs of its users and to enhance the overall trading experience.
New Trading Pairs Added to Cross and Isolated Margin
Additionally, Binance Margin has increased the options available to investors using both Cross and Isolated Margin by offering new trading pairs involving Bitcoin (BTC), First Digital USD (FDUSD), and USD Coin (USDC) with the aforementioned altcoins.
In Cross Margin, new borrowable and collateral assets include ASR, ATM, FIO, JUV, and WAN, while in Isolated Margin, new borrowable and collateral assets include ASR, ATM, and JUV.
