Changes in Binance's public application programming interface (API) indicate that the world's largest cryptoexchange will soon be offering margin trading (leveraged).

Please note that Binance did not officially confirm this step. This is just a speculation that is based on the user's contribution to Reddite, which pointed to updates in the Binance API that are different from what is stated in the official documentation published by GitHube. Specifically, the API now contains two more "Boolean" (data type consisting of two elements "true" or "false").

The new variable names are "isSpotTradingAllowed" and "isMarginTradingAllowed". Their names indicate that Binance is in the middle of implementing margin trading.

APi also shows (at the time of posting the article on CoinTelegraph) that isSpotTradingAllowed is set to true and isMarginTradingAllowed to false for all 482 business pairs on Binance.

As part of its White Paper, Binance has promised that margin trading will not take place until after the introduction of spot trading, but before the introduction of Futures.

Cryptoexchange margin trading is not new. Just recently, in February 2019, the OKEx Competitive Exchange added the ability to trade four selected pairs with a lever up to 1: 100. Last December, Bitfinex launched margin trading for stablecoin Terher (USDT) against the USD. Such trading is also popular on BitMEX.

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