Binance will soon be able to allow leveraging for 9 selected pairs

Binance will soon be able to allow leveraging for 9 selected pairs

By xlubecx | free life | 4 May 2019


Changes in the public API of Binance, the largest cryptocurrency exchange, suggest that Binance is likely to soon be able to leverage for 9 business pairs.

The speculations about "margin trading" on Binance appeared for the first time in March, after API updates were observed for two new "isSpotTradingalllowed" and "isMarginTradingAllowed" variables. This suggests that Binance is in the middle of implementing the Leverage function.

The first day of May on Reddit, one of the users closely following this topic, reported that the variable "isMarginTradingAllowed" - which had a ban on all currency pairs so far - now allows this feature for 9 business pairs:

This information was essentially confirmed by the stock exchange chief Binance Changpeng Zhao, who briefly stated that "crowd intelligence is amazing".

As part of his whitepaper, Binance promised to release the lever trading feature after spot trading, but before commencing trading with Futures.

 

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xlubecx
xlubecx

i am cryptocurrency trader


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