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The giant of the cryptocurrency world, Binance, announced in an official statement on December 19 that it has added 8 new trading pairs to its margin trading. This move covers coins like Fusionist (ACE), Bonk (BONK), and Nano (XNO).
Alpaca Finance (ALPACA), Streamr (DATA), and FUNToken (FUN) are among other projects offering new trading pairs to margin traders. Binance offers these project investors the opportunity to trade cross-margin in Tether (USDT) parity.
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Especially DATA, FUN, and ALPACA investors will be able to trade cross-margin in USDT parity with the update of Binance. On the other hand, ACE, BONK, and XNO investors can now perform cross and isolated margin trading in USDT parity.
Investors have the opportunity to evaluate the trading pairs in the isolated margin transactions using ACE/USDT, BONK/USDT and XNO/USDT pairs, as well as cross margin transactions with ACE/USDT, ALPACA/USDT, BONK/USDT, DATA/USDT and FUN/USDT pairs. These new trading pairs offer investors a wide range of options for diversifying their portfolios and taking advantage of opportunities in the market.
This update from Binance shows that it continues to strengthen its leadership position in the cryptocurrency market by providing more flexibility and diversity to investors. Investors can optimize their trading strategies on crypto assets using these new trading pairs and achieve better performance in volatile market conditions.
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