Cryptocurrency exchange Binance has announced the addition of five new trading pairs for margin trading. These new pairs are available in both Cross Margin and Isolated Margin modes, providing traders with more options to leverage their strategies.
New Trading Pairs Added
The newly introduced margin trading pairs are: * AAVE/USDC * EURI/USDT * SLF/USDT * SLF/USDC * TRX/USDC These pairs allow traders to diversify their strategies while utilizing Binance’s Cross Margin and Isolated Margin trading platforms.
Cross and Isolated Margin Trading
* **Cross Margin:** With Cross Margin, a user’s entire margin balance can be shared across all margin positions, reducing the risk of liquidation on a single position. * **Isolated Margin:** Isolated Margin allows traders to limit the margin available to specific positions, providing better control over individual trades.
Conclusion
The addition of new Cross and Isolated Margin trading pairs on Binance gives users access to more options, including popular assets like AAVE, TRX, and SLF. This enhancement strengthens Binance’s already extensive margin trading offerings.
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