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Binance Adds 5x Leverage To Their Margin Trading Feature

Ramsey Baker

Summary: Binance, the cryptocurrency exchange, will raise its leverage to 5x on their margin trading feature, according to an announcement on the firm’s blog post. Binance will offer the option to trade with both 3x and 5x leverage. Stakeholders in the exchange had been expecting a 20x leverage. The new leverage system will support XLM, ETC, ...

Binance, the cryptocurrency exchange, will raise its leverage to 5x on their margin trading feature, according to an announcement on the firm’s blog post.

Binance will offer the option to trade with both 3x and 5x leverage. Stakeholders in the exchange had been expecting a 20x leverage. The new leverage system will support XLM, ETC, BCHABC, ADA, USDT, TRX, BNB and BTC.

By Ramsey Baker

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