Express

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

Last Update:

Tags: ,,
Link: Binance Adds 5x Leverage To Their Margin Trading Feature   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 1 day ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 12 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 15 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 15 days ago

    • You need to login to comment.