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Binance Expands Margin Trading Options with New Pairs

Sep 6, 2024
  1. Announcement of New Margin Pairs
  2. Current Status of AAVE, SLF, and TRX
  3. Importance of Up-to-Date Information for Users

Binance, one of the leading cryptocurrency exchanges in the world, announced the expansion of its margin trading options with new trading pairs starting September 6, 2024.

Announcement of New Margin Pairs

Binance announced the addition of five new trading pairs for cross-margin trading: AAVE/USDC, EURI/USDT, SLF/USDT, SLF/USDC, and TRX/USDC. These pairs are also available for isolated margin trading. The expansion aims to increase the flexibility of managing user portfolios.

Current Status of AAVE, SLF, and TRX

At the time of writing, AAVE is trading at $126.98, down 4.40% in the last 24 hours. SLF and TRX are priced at $0.4554 (down 3.51%) and $0.1491 (down 0.40%), respectively.

Importance of Up-to-Date Information for Users

Users need to be aware of the up-to-date list of collateralizable assets, as well as specifics on limits, collateral ratios, and interest rates applied to margin trading. It is necessary to regularly check the latest data provided by Binance.

This latest expansion of margin options by Binance provides users with additional opportunities to diversify their portfolios and apply different trading strategies.

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