Leading cryptocurrency exchange Binance has announced the addition of new USD Coin (USDC) trading pairs as it strives to expand user options in margin trading.
New Trading Pairs for Cross and Isolated Margin Transactions
Binance Margin has announced the addition of three new USDC trading pairs for both cross and isolated margin trading: ACT/USDC, NEIRO/USDC, and PNUT/USDC. These pairs will allow users to apply more diverse trading strategies and enhance portfolio diversification opportunities.
More Flexibility for Users
Binance continues to improve margin trading to offer greater flexibility to its users. The new trading pairs will enable traders to operate across a broader range of assets. The exchange regularly updates its 'Margin Data' page, providing users with up-to-date information on collateral ratios and limits for all margin-eligible assets.
Binance's Future Plans
This update demonstrates Binance's commitment to quickly adapting to the dynamic nature of the market and enhancing the investment experience for users. The exchange emphasized its intention to continue such updates to further improve the user experience.
Binance is taking steps to increase the possibilities of trading strategies for its users by adding variety to trading pairs and updating information on margin trading.