Binance crypto exchange announced it has added a new asset to its margin trading offerings. The crypto exchange listed NTRN (Neutron), which is now available for borrowing on the Margin platform.
This expansion not only includes the introduction of NTRN as a borrowable asset but also introduces new trading pairs on both cross and isolated margin.
New Cross Margin and Isolated Margin Pair:
NTRN/USDT
This movement is expected to bolster the trading options accessible to Binance users, diversify their investment, and open up opportunities for strategic margin trading with NTRN.
Margin trading is a favored strategy in the crypto market, allowing investors to borrow funds to amplify their position size and potentially enhance their returns.
However, it’s crucial to emphasize that margin trading carries a high level of risk. Investors should approach it with caution and an understanding of the associated risks.
On October 12, Binance Futures launched the USD-M BIGTIME Perpetual Contract with up to 20x leverage.
Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.